Penny warrants to lenders
Company: TeraWulf
The claim, verbatim
As condition of Fifth Amendment effectiveness, Company to issue penny warrants to lenders equal to 10% of fully diluted equity
Source (primary)
TeraWulf 424B5 filed 2023-02-01 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the issuance by the Company of penny warrants to the lenders to purchase an aggregate number of shares of common stock equal to 10% of the Company's fully diluted equity determined as of the Fifth Amendment effective date”
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 424B5 filed 2023-02-01
Quote: “the issuance by the Company of penny warrants to the lenders to purchase an aggregate number of shares of common stock equal to 10% of the Company's fully diluted equity determined as of the Fifth Amendment effective date”