Term Loan Second Tranche - $7.5 Million Available
Company: TeraWulf
The claim, verbatim
Has access to up to $7.5 million second tranche of delayed draw term loans
Source (primary)
TeraWulf 8-K filed 2022-10-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Third Amendment divides the initial funding of up to $15,000,000 of the delayed draw term loans under the Loan Agreement into two tranches of up to $7,500,000 each.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The 8-K describes two tranches of up to $7,500,000 each with only the first borrowed, leaving the second available.
Confirmed in the source:
- the delayed draw term loans were divided into two tranches of up to $7,500,000 each
- a second tranche of up to $7.5 million remains available since only the first was drawn
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 Third Amendment divides the initial funding of up to $15,000,000 of the delayed draw term loans under the Loan Agreement into two tranches of up to $7,500,000 each.”