Issued 8.5M shares to Somerset in connection with lease amendment
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
On September 2, 2022, TeraWulf issued 8,510,638 shares to Somerset in lieu of cash in connection with a Second Amendment to Lease Agreement dated July 1, 2022, between Somerset and Lake Mariner Data LLC, a TeraWulf subsidiary
Source (primary)
TeraWulf SC 13D/A filed 2022-09-02 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On September 2, 2022, the Issuer issued 8,510,638 shares to Somerset in lieu of cash in connection with that certain Second Amendment to Lease Agreement, dated as of July 1, 2022, between Somerset and Lake Mariner Data LLC, a subsidiary of the Issuer.”
How we checked this
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Additional evidence
confirms TeraWulf SC 13D/A filed 2022-09-02
Quote: “On September 2, 2022, the Issuer issued 8,510,638 shares to Somerset in lieu of cash in connection with that certain Second Amendment to Lease Agreement, dated as of July 1, 2022, between Somerset and Lake Mariner Data LLC, a subsidiary of the Issuer.”