Form 4/A - Statement of changes in beneficial ownership of securities: [Amend]
November 21 2024 - 9:55PM
Edgar (US Regulatory)
Exhibit
24
POWER
OF ATTORNEY
Know
all by these presents, that the undersigned hereby makes, constitutes and appoints Wes Cummins and Mohammad Saidal LaVanway Mohmand,
with full power of substitution, the undersigned’s true and lawful attorney-in-fact to:
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(1) |
prepare,
execute in the undersigned’s name and on the undersigned’s behalf, and submit to the U.S. Securities and Exchange Commission
(the “SEC”) a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes
and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities
Exchange Act of 1934 or any rule or regulation of the SEC; |
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(2) |
execute
for and on behalf of the undersigned, in the undersigned’s capacity as an officer and/or director of Applied Digital Corporation,
a Nevada corporation (the “Company”), Forms 3, 4, and 5, including amendments thereto, in accordance with Section 16(a)
of the Securities Exchange Act of 1934 and the rules and regulations thereunder; |
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(3) |
do
and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any
such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and any stock
exchange or similar authority; and |
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(4) |
take
any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of
benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by
such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such
terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion. |
The
undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and
purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying
and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause
to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing
attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any
of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.
This
Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect
to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier (a) revoked by the undersigned
in a signed writing delivered to the foregoing attorneys-in-fact or (b) superseded by a new power of attorney regarding the purposes
outlined herein at a later date.
IN
WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 19th day of November, 2024.
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/s/
David Rench |
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Signature |
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David
Rench |
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Name |
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