APPLIED BLOCKCHAIN, INC. : Results of Operations and Financial Condition (form 8-K)

Item 2.02. Results of Operations and Financial Condition

On January 9, 2023, Applied Blockchain, Inc. (the “Company”) issued a press
release announcing its financial results for the three and six months ended
November 30, 2022.

A copy of such press release is attached as Exhibit 99.1 hereto and
incorporated herein by reference.

The information in this Item 2.02 of Form 8-K and Exhibit 99.1 attached hereto
shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the
liabilities of that section, nor shall it be deemed incorporated by reference in
any filing under the Securities Act of 1933 or the Exchange Act, regardless of
any general incorporation language in such filing.

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