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Warrants to lenders at $1.00 exercise price

Company: TeraWulf

Subject kind
financing
Statement date
2023-01-31
Promised amount
5.0 percent
Current status
stated

The claim, verbatim

As condition of Fifth Amendment effectiveness, Company to issue warrants to lenders equal to 5% of fully diluted equity with $1.00 exercise price

Source (primary)

TeraWulf 424B5 filed 2023-02-01 (SEC EDGAR, sec_filing)
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Quote: “the issuance by the Company of warrants to the lenders to purchase an aggregate number of shares of common stock equal to 5% of the Company's fully diluted equity determined as of the Fifth Amendment effective date with an exercise price of $1.00”

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 warrants to the lenders to purchase an aggregate number of shares of common stock equal to 5% of the Company's fully diluted equity determined as of the Fifth Amendment effective date with an exercise price of $1.00”

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