Fifth Amendment to Loan Agreement - amortization relief through April 2024
Company: TeraWulf
The claim, verbatim
The Fifth Amendment eliminates mandatory amortization of term loans through April 8, 2024, contingent on achieving a previously disclosed capital raise condition, which the Company satisfied on March 9, 2023.
Source (primary)
TeraWulf 8-K filed 2023-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Fifth Amendment eliminates mandatory amortization of the term loans under the Loan Agreement through April 8, 2024, as long as the Company achieves the previously disclosed capital raise condition for amortization relief (the "Amortization Relief Condition"). The Company satisfied the Amortization Relief Condition on March 9, 2023.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms TeraWulf 8-K filed 2023-03-10
Quote: “The Fifth Amendment eliminates mandatory amortization of the term loans under the Loan Agreement through April 8, 2024, as long as the Company achieves the previously disclosed capital raise condition for amortization relief (the "Amortization Relief Condition"). The Company satisfied the Amortization Relief Condition on March 9, 2023.”