Penny Warrants issuance
Company: TeraWulf
The claim, verbatim
27,759,265 Penny Warrants issued at $0.01 exercise price, exercisable April 1, 2024 through December 31, 2025
Source (primary)
TeraWulf S-3/A filed 2024-01-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “warrants to purchase 27,759,265 shares of Common Stock at an exercise price of $0.01 per share of Common Stock (the "Penny Warrants")...The exercise period for the Penny Warrants is the period beginning on April 1, 2024 and ending at 5:00 p.m., New York City time, on December 31, 2025”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document establishes the Penny Warrant count, exercise price, and exercise period.
Confirmed in the source:
- 27,759,265 Penny Warrants were issued at a $0.01 exercise price
- The Penny Warrants are exercisable beginning April 1, 2024 and ending December 31, 2025
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000027/terawulfincs-3a2x1x16x24.htm) in full (99,376 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf S-3/A filed 2024-01-16
Quote: “warrants to purchase 27,759,265 shares of Common Stock at an exercise price of $0.01 per share of Common Stock (the "Penny Warrants")...The exercise period for the Penny Warrants is the period beginning on April 1, 2024 and ending at 5:00 p.m., New York City time, on December 31, 2025”