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Convertible notes converted to common stock

Company: TeraWulf

Subject kind
financing
Statement date
2023-03-09
Promised amount
2157006.0 units
Current status
stated

The claim, verbatim

TeraWulf converted $853,912.33 principal amount plus accrued interest of convertible notes 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: “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 in accordance with the terms of the Convertible Notes.”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document confirms the aggregate principal amount and accrued interest converted into 2,157,006 shares, and identifies the $853,912.33 as the note amount.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000095014223000672/eh230338376_13da4-khan.htm) in full (10,868 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf SC 13D/A filed 2023-03-10

Quote: “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 in accordance with the terms of the Convertible Notes.”

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