Underwriting commission rate on ATM offering
Company: TeraWulf
The claim, verbatim
Sales agents entitled to 3.0% commission on gross proceeds from common stock sales
Source (primary)
TeraWulf 424B5 filed 2022-04-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Agents will be entitled to compensation under the terms of the Sales Agreement at a commission rate of 3.0% of the gross proceeds from each sale of our Common Stock”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the commission rate is 3.0% of gross proceeds.
Confirmed in the source:
- Agents entitled to 3.0% commission on gross proceeds from common stock sales
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465922049839/tm2212912-1_424b5.htm) in full (237,666 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2022-04-26
Quote: “The Agents will be entitled to compensation under the terms of the Sales Agreement at a commission rate of 3.0% of the gross proceeds from each sale of our Common Stock”