jain.com

Warrant grant - 5.0% dilution

Company: TeraWulf

Subject kind
financing
Statement date
2022-06-30
Promised amount
5.0 percent
Current status
stated

The claim, verbatim

Issued warrants to lenders to purchase shares equal to 5.0% of fully diluted equity

Source (primary)

TeraWulf 8-K filed 2022-07-01 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “the Company entered into a Warrant Agreement to issue warrants to the lenders under the New Term Facility to purchase an aggregate number of shares of the Company's common stock equal to 5.0% of the fully diluted equity of the Company”

How we checked this

Checked on September 22, 2026. The cited source supports every part of this claim.

The document establishes the 5.0% fully diluted equity warrant grant to lenders.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465922076754/tm2220243d1_8k.htm) in full (7,344 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 8-K filed 2022-07-01

Quote: “the Company entered into a Warrant Agreement to issue warrants to the lenders under the New Term Facility to purchase an aggregate number of shares of the Company's common stock equal to 5.0% of the fully diluted equity of the Company”

View cached copy (2026-09-13)Live source ↗