Private Placement - $9.5 Million
Company: TeraWulf
The claim, verbatim
Raised $9.5 million through private placement offering of 7,481,747 units, each consisting of one common share and one warrant
Source (primary)
TeraWulf 8-K filed 2022-10-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company sold 7,481,747 units (the 'Units'), each consisting of one share of the Company's common stock, par value $0.001 per share (the 'Common Shares'), and one warrant (the 'Warrants')... for an aggregate purchase price of approximately $9.5 million”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The 8-K states the company sold 7,481,747 units, each with one common share and one warrant, for approximately $9.5 million.
Confirmed in the source:
- TeraWulf sold 7,481,747 units in a private placement
- each unit consisted of one common share and one warrant
- the aggregate purchase price was approximately $9.5 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330122000045/wulf-20221006x8k.htm) in full (9,770 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2022-10-12
Quote: “the Company sold 7,481,747 units (the 'Units'), each consisting of one share of the Company's common stock, par value $0.001 per share (the 'Common Shares'), and one warrant (the 'Warrants')... for an aggregate purchase price of approximately $9.5 million”