jain.com

Standby Equity Purchase Agreement with Yorkville

Company: TeraWulf

Subject kind
financing
Statement date
2022-06-07
Promised amount
50000000.0 USD
Current status
stated

The claim, verbatim

Yorkville committed to purchase up to $50 million of common stock at 97% of Market Price, available over 36 months from June 2, 2022

Source (primary)

TeraWulf 8-K filed 2022-06-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Yorkville is committed to purchase the Company's common stock, par value $0.001 per share, in increments (each purchase, an "Advance") having an aggregate gross sales price of up to $50,000,000 any time during the 36 months following the date of the SEPA... at 97% of the Market Price”

How we checked this

Attempted on September 22, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330122000006/wulf-20220602x8k.htm) in full (10,325 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 8-K filed 2022-06-08

Quote: “Yorkville is committed to purchase the Company's common stock, par value $0.001 per share, in increments (each purchase, an "Advance") having an aggregate gross sales price of up to $50,000,000 any time during the 36 months following the date of the SEPA... at 97% of the Market Price”

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