Company expects $33.5 million from equity issuance by March 15, 2023
Company: TeraWulf
What the later record shows
Delivered on time · happened March 9, 2023
Multiple filings state the Amortization Relief Condition ($33.5M net equity proceeds) was satisfied on March 9, 2023, before the March 15 deadline.
“The Company satisfied the Amortization Relief Condition on March 9, 2023.”
2023-03-30 · TeraWulf 10-K filed 2023-03-31 View cached copy (2026-09-13)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Company expects to receive aggregate net proceeds of at least $33.5 million from equity or equity-linked securities issuance by March 15, 2023
Source (primary)
TeraWulf 8-K filed 2023-03-03 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “as long as the Company receives aggregate net proceeds of at least $33.5 million from the issuance of equity or equity-linked securities by March 15, 2023 (such condition, the "Amortization Relief Condition"). The Company expects to satisfy the Amortization Relief Condition by March 15, 2023”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states that TeraWulf expects to satisfy a condition defined as receiving at least $33.5 million in net proceeds from equity or equity-linked issuance by March 15, 2023.
Confirmed in the source:
- TeraWulf expects to satisfy the Amortization Relief Condition by March 15, 2023
- The Amortization Relief Condition is receiving aggregate net proceeds of at least $33.5 million from the issuance of equity or equity-linked securities by March 15, 2023
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465923028517/tm238231d2_8k.htm) in full (11,914 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2023-03-03
Quote: “as long as the Company receives aggregate net proceeds of at least $33.5 million from the issuance of equity or equity-linked securities by March 15, 2023 (such condition, the "Amortization Relief Condition"). The Company expects to satisfy the Amortization Relief Condition by March 15, 2023”
confirms TeraWulf 10-K filed 2023-03-31
Quote: “The Company satisfied the Amortization Relief Condition on March 9, 2023.”