{"$schema":"https://seraphixsystems.com/data/schema/record.schema.json","generated":"2026-11-05T18:53:37+00:00","publisher":"Seraphix Systems NJ LLC","license":{"name":"CC BY 4.0","url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Seraphix Systems"},"id":"SX-07-B-0001","url":"https://seraphixsystems.com/r/SX-07-B-0001","json":"https://seraphixsystems.com/r/SX-07-B-0001.json","label":"RECORD SX 07-B // POWER // FILED 2026-10-07","scope":"entity","entity":{"cik":"0001144879","legal_name":"Applied Digital Corp.","display_name":"Applied Digital","url":"https://seraphixsystems.com/pilot-01/company/applied-digital"},"state":"ND","section":"power","tag":"COMPANY DISCLOSURE","instrument":null,"primary_pending":false,"claim":"Power Purchase Agreement (October 4, 2026) with Base Electron for capacity and energy from an approximately 1,200 MW natural gas-fired generation facility to be developed in Center, North Dakota, intended to provide dedicated generation for the Polaris Forge 3 campus","quote":"On October 4, 2026, the Company entered into a Power Purchase Agreement and a related credit support agreement with Base Electron for the purchase of capacity and energy from an approximately 1,200 MW natural gas-fired generation facility to be developed by Base Electron in Center, North Dakota, which is intended to provide dedicated generation for the Company's Polaris Forge 3 campus.","fields":{"agreement":"Power Purchase Agreement","counterparty":"Base Electron","location":"Center, North Dakota","mw":1200,"site":"Polaris Forge 3 campus (served)","state":"ND","status":"agreement entered October 4, 2026; generation facility to be developed"},"basis":"regulator_hosted_filing","basis_label":"REGULATOR-HOSTED FILING","source":{"title":"Applied Digital Corp. — 10-Q Item 5. Other Information Base Electron Power Purchase Agreement On October (normalized-text offset 205407)","locator":"10-Q Item 5. Other Information Base Electron Power Purchase Agreement On October (normalized-text offset 205407)","publisher":"SEC EDGAR","url":"https://www.sec.gov/Archives/edgar/data/1144879/000114487926000059/apld-20260831.htm"},"also":[],"primary":{"title":"Applied Digital Corp. — 10-Q Item 5. Other Information Base Electron Power Purchase Agreement On October (normalized-text offset 205407)","publisher":"SEC EDGAR","url":"https://www.sec.gov/Archives/edgar/data/1144879/000114487926000059/apld-20260831.htm"},"dates":{"occurred":null,"reported":null,"source_published":"2026-10-07","first_seen":null,"ingested":"2026-11-04","corrected":null},"record_date":"2026-10-07","lifecycle":"active","version":1,"versions":[{"version":1,"claim":"Power Purchase Agreement (October 4, 2026) with Base Electron for capacity and energy from an approximately 1,200 MW natural gas-fired generation facility to be developed in Center, North Dakota, intended to provide dedicated generation for the Polaris Forge 3 campus","current":true,"url":"https://seraphixsystems.com/r/SX-07-B-0001/v1","json":"https://seraphixsystems.com/r/SX-07-B-0001/v1.json"}],"cite":{"publisher":"Seraphix Systems","record_id":"SX-07-B-0001","url":"https://seraphixsystems.com/r/SX-07-B-0001","version":1,"title":"RECORD SX 07-B // POWER // FILED 2026-10-07","text":"Seraphix Systems, \"SX-07-B-0001\", v1, https://seraphixsystems.com/r/SX-07-B-0001, retrieved [date].","published":"2026-11-05"},"expectation":"company-stated","gate":{"passed":true,"hash_verified":true,"source":"intel pipeline gate"},"published":"2026-11-05"}