jain.com
The Analysis · Companies · People · Methodology

Committed equity facility with B. Riley Principal Capital II LLC

Company: IREN

Subject kind
financing
Statement date
2023-09-12
Promised amount
25000000.0 units
Current status
stated

The claim, verbatim

Up to 25,000,000 ordinary shares have been or may be issued to the company to B. Riley Principal Capital II LLC pursuant to an ordinary shares purchase agreement dated September 23, 2022, establishing a committed equity facility

Source (primary)

IREN 424B3 filed 2023-09-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Up to 25,000,000 of our ordinary shares, with no par value (the "Ordinary shares"), that have been or may be issued by us to the Holder pursuant to an ordinary shares purchase agreement, dated as of September 23, 2022, by and between us and the Holder establishing a committed equity facility”

How we checked this

Attempted on September 21, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036123043848/ef20010551_424b3.htm) in full (757,342 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN 424B3 filed 2023-09-13

Quote: “Up to 25,000,000 of our ordinary shares, with no par value (the "Ordinary shares"), that have been or may be issued by us to the Holder pursuant to an ordinary shares purchase agreement, dated as of September 23, 2022, by and between us and the Holder establishing a committed equity facility”

View cached copy (2026-09-13)Live source ↗