Common stock private placement (February 2023)
Company: TeraWulf
What the later record shows
Delivered on time · happened February 1, 2023
A later S-3/A says the February Private Placement closed on February 1, 2023, before the expected February 2 close. The 1,386,466 shares it issued match roughly $0.94M at $0.68 per share.
“1,386,466 shares of our common stock, par value $0.001 per share issued in a private placement transaction which closed on February 1, 2023”
2023-03-09 · TeraWulf S-3/A filed 2023-03-10 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 entered into subscription agreements for common stock at $0.68 per share for aggregate $0.94 million, expected to close February 2, 2023
Source (primary)
TeraWulf 424B5 filed 2023-02-01 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “such February Common Stock Investors purchased from the Company shares of the Company's common stock, as a purchase price of $0.68 per share of common stock...for an aggregate purchase price of $0.94 million (the "February Private Placement"). The February Private Placement is currently expected to close on February 2, 2023”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus supplement describes the February 2023 private placement at $0.68 per share for an aggregate $0.94 million, expected to close February 2, 2023.
Confirmed in the source:
- On February 1, 2023, TeraWulf entered into subscription agreements with accredited investors for shares of its common stock
- The purchase price was $0.68 per share
- The aggregate purchase price was $0.94 million
- The February Private Placement was expected to close on February 2, 2023
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465923009269/tm234924-1_424b5.htm) in full (216,660 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2023-02-01
Quote: “such February Common Stock Investors purchased from the Company shares of the Company's common stock, as a purchase price of $0.68 per share of common stock...for an aggregate purchase price of $0.94 million (the "February Private Placement"). The February Private Placement is currently expected to close on February 2, 2023”
confirms TeraWulf S-3/A filed 2023-03-10
Quote: “1,386,466 shares of our common stock, par value $0.001 per share issued in a private placement transaction which closed on February 1, 2023”