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Board member designee right granted to lenders

Company: TeraWulf

Subject kind
personnel
Statement date
2023-03-02
Current status
stated

The claim, verbatim

Lenders have the right to appoint a member to the company's board of directors, provided the designee is reasonably acceptable to the company

Source (primary)

TeraWulf 8-K filed 2023-03-03 (SEC EDGAR, sec_filing)
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Quote: “The Lenders also have the right to appoint a member of the Company's Board (the "Lender Designee"), as long as such Lender Designee is reasonably acceptable to the Company”

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 Lenders also have the right to appoint a member of the Company's Board (the "Lender Designee"), as long as such Lender Designee is reasonably acceptable to the Company”

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