Amended convertible note with Yorkville
Company: TeraWulf
What the later record shows
Not a promise: a reported event · happened October 25, 2022
The claim reports an amendment that had already been executed on October 25, 2022. It is not a future commitment.
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
On October 25, 2022, the Company amended its convertible promissory note with Yorkville, changing the conversion price from $3.75 to $1.26 per share and granting Yorkville the right to extend the maturity date from November 25, 2022 to December 23, 2022.
Source (primary)
TeraWulf 8-K filed 2022-10-28 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On October 25, 2022, the Company issued an amended and restated convertible promissory note to Yorkville which, among other things, grants Yorkville the right to extend the Maturity Date from November 25 to December 23, 2022 upon advance notice to the Company, and changes the Conversion Price from $3.75 to $1.26 per share of Common Stock.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states that on October 25, 2022 the Company issued an amended and restated note to Yorkville that changed the conversion price from $3.75 to $1.26 and granted Yorkville the right to extend maturity from November 25 to December 23, 2022.
Confirmed in the source:
- On October 25, 2022, TeraWulf amended and restated its convertible promissory note with Yorkville
- The conversion price was changed from $3.75 to $1.26 per share
- Yorkville was granted the right to extend the maturity date from November 25, 2022 to December 23, 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465922112528/tm2229120d1_8k.htm) in full (8,648 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2022-10-28
Quote: “On October 25, 2022, the Company issued an amended and restated convertible promissory note to Yorkville which, among other things, grants Yorkville the right to extend the Maturity Date from November 25 to December 23, 2022 upon advance notice to the Company, and changes the Conversion Price from $3.75 to $1.26 per share of Common Stock.”