B. Riley share purchase facility
Company: IREN
The claim, verbatim
Iris Energy entered into an Ordinary Share Purchase Agreement with B. Riley Principal Capital II, providing the right to sell up to $100.0 million of ordinary shares
Source (primary)
IREN 6-K filed 2022-09-23 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Iris Energy Limited (the "Company") entered into an Ordinary Share Purchase Agreement (the "Purchase Agreement") with B. Riley Principal Capital II, LLC ("B. Riley Principal Capital II"). Pursuant to the Purchase Agreement, the Company has the right to sell to B. Riley Principal Capital II up to $100.0 million of its ordinary shares”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states Iris Energy entered the Purchase Agreement with B. Riley Principal Capital II giving the right to sell up to $100.0 million of ordinary shares.
Confirmed in the source:
- Iris Energy entered into an Ordinary Share Purchase Agreement with B. Riley Principal Capital II, LLC
- The agreement provides the right to sell up to $100.0 million of ordinary shares
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036122034465/ny20005141x2_6k.htm) in full (14,853 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 6-K filed 2022-09-23
Quote: “Iris Energy Limited (the "Company") entered into an Ordinary Share Purchase Agreement (the "Purchase Agreement") with B. Riley Principal Capital II, LLC ("B. Riley Principal Capital II"). Pursuant to the Purchase Agreement, the Company has the right to sell to B. Riley Principal Capital II up to $100.0 million of its ordinary shares”