Amended convertible note with Yorkville
Company: TeraWulf
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
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 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.”