Joint venture agreement with Talen affiliate for Nautilus Cryptomine Facility
Company: TeraWulf - Project: Nautilus
The claim, verbatim
On August 27, 2022, TeraWulf entered into an amended and restated joint venture agreement with an affiliate of Talen for the Nautilus Cryptomine Facility, with decisions made by majority vote of a board of managers comprising one manager appointed by TeraWulf and four appointed by Talen
Source (primary)
TeraWulf 10-K filed 2023-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On August 27, 2022, TeraWulf entered into an amended and restated joint venture agreement with an affiliate of Talen, as amended... decisions are to be made by a majority vote of the board of managers. The board of managers is comprised of one manager appointed by TeraWulf and four managers appointed by Talen”
How we checked this
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Additional evidence
confirms TeraWulf 10-K filed 2023-03-31
Quote: “On August 27, 2022, TeraWulf entered into an amended and restated joint venture agreement with an affiliate of Talen, as amended... decisions are to be made by a majority vote of the board of managers. The board of managers is comprised of one manager appointed by TeraWulf and four managers appointed by Talen”