Committed Equity Facility with B. Riley Principal Capital II
Company: IREN
The claim, verbatim
Up to $100.0 million in aggregate gross proceeds available from committed equity facility
Source (primary)
IREN 424B3 filed 2023-09-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “we may receive up to $100.0 million in aggregate gross proceeds from the Holder under the Purchase Agreement”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The prospectus states Iris Energy may receive up to $100.0 million in aggregate gross proceeds from B. Riley Principal Capital II under the Purchase Agreement.
Confirmed in the source:
- Up to $100.0 million in aggregate gross proceeds may be received from the committed equity facility
- The counterparty is B. Riley Principal Capital II under the Purchase Agreement
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036123045184/ny20011266x1_424b3.htm) in full (245,327 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 424B3 filed 2023-09-26
Quote: “we may receive up to $100.0 million in aggregate gross proceeds from the Holder under the Purchase Agreement”