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Convertible note issuance

Company: TeraWulf

Subject kind
financing
Statement date
2023-03-09
Promised amount
853912.33 USD
Current status
stated

The claim, verbatim

TeraWulf issued $853,912.33 of convertible notes on November 25, 2022, which were converted into 2,157,006 shares of common stock

Source (primary)

TeraWulf SC 13D/A filed 2023-03-10 (SEC EDGAR, sec_filing)
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Quote: “On November 25, 2022, Lake Harriet Holdings purchased $853,912.33 of convertible notes from the Issuer (the "Convertible Notes"). Three business days after the approval of the Share Increase Amendments, the aggregate principal amount of the Convertible Notes promissory notes and accrued but unpaid interest thereon was converted into 2,157,006 shares of Common Stock”

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 SC 13D/A filed 2023-03-10

Quote: “On November 25, 2022, Lake Harriet Holdings purchased $853,912.33 of convertible notes from the Issuer (the "Convertible Notes"). Three business days after the approval of the Share Increase Amendments, the aggregate principal amount of the Convertible Notes promissory notes and accrued but unpaid interest thereon was converted into 2,157,006 shares of Common Stock”

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