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Warrant grant - 4.25% dilution

Company: TeraWulf

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

The claim, verbatim

Third tranche warrants to purchase shares equal to 4.25% of fully diluted equity will be issued with additional draws under the New Term Facility

Source (primary)

TeraWulf 8-K filed 2022-07-01 (SEC EDGAR, sec_filing)
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Quote: “subsequent tranches to purchase an aggregate number of shares of the Company's common stock equal to dilution of 3.75% and 4.25% of the fully diluted equity of the Company, respectively, will be issued in connection with additional draws under the New Term Facility”

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 2022-07-01

Quote: “subsequent tranches to purchase an aggregate number of shares of the Company's common stock equal to dilution of 3.75% and 4.25% of the fully diluted equity of the Company, respectively, will be issued in connection with additional draws under the New Term Facility”

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