$15 million convertible promissory note advance
Company: TeraWulf
The claim, verbatim
Received $15 million principal convertible promissory note at 4% annual interest, convertible at $3.75 per share, maturing November 25, 2022
Source (primary)
TeraWulf 8-K filed 2022-06-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company received an advance from Yorkville in the form of a convertible promissory note in an aggregate principal amount of $15 million... The Advance has a maturity date of November 25, 2022... and accrues annual interest at a rate of 4%... at a conversion price of $3.75”
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 2022-06-08
Quote: “the Company received an advance from Yorkville in the form of a convertible promissory note in an aggregate principal amount of $15 million... The Advance has a maturity date of November 25, 2022... and accrues annual interest at a rate of 4%... at a conversion price of $3.75”