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Direct unit placement with Bayshore

Company: TeraWulf

Subject kind
financing
Statement date
2022-10-13
Promised amount
2000000.0 USD
Current status
stated

The claim, verbatim

TeraWulf issued Units consisting of 1,587,302 shares of Common Stock and 1,587,302 warrants exercisable at $1.93 per share to Bayshore for aggregate purchase price of $2,000,000

Source (primary)

TeraWulf SC 13D/A filed 2022-10-14 (SEC EDGAR, sec_filing)
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Quote: “On October 6, 2022, Bayshore, of which Bryan Pascual is the sole manager, purchased, directly from the Issuer, Units consisting of 1,587,302 shares of Common Stock and 1,587,302 warrants exercisable for an equal number of shares of Common Stock at an exercise price of $1.93 per share, at a price of $1.26 per Unit for an aggregate purchase price of $2,000,000.”

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 SC 13D/A filed 2022-10-14

Quote: “On October 6, 2022, Bayshore, of which Bryan Pascual is the sole manager, purchased, directly from the Issuer, Units consisting of 1,587,302 shares of Common Stock and 1,587,302 warrants exercisable for an equal number of shares of Common Stock at an exercise price of $1.93 per share, at a price of $1.26 per Unit for an aggregate purchase price of $2,000,000.”

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