Minimum equity ownership requirement in Nautilus
Company: TeraWulf - Project: Nautilus
The claim, verbatim
Company may not own less than 25% of aggregate equity interests of Nautilus per loan covenant
Source (primary)
TeraWulf 8-K filed 2022-08-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company may not own less than 25% of the aggregate equity interests of Nautilus”
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 8-K filed 2022-08-29
Quote: “the Company may not own less than 25% of the aggregate equity interests of Nautilus”