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Equity raise commitment for amortization relief

Company: TeraWulf

This claim was marked delayed on September 14, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
financing
Statement date
2023-03-02
Promised by
2023-03-15
Promised amount
33500000.0 USD
Current status
delayed

The claim, verbatim

Company expects to satisfy amortization relief condition by March 15, 2023 by receiving aggregate net proceeds of at least $33.5 million from equity issuance, which eliminates mandatory amortization of term loans through April 8, 2024

Source (primary)

TeraWulf 8-K filed 2023-03-03 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “The Company expects to satisfy the Amortization Relief Condition by March 15, 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 2023-03-03

Quote: “The Company expects to satisfy the Amortization Relief Condition by March 15, 2023.”

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

Record of changes

September 13, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 14, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.