Private investment by existing shareholders including CEO
Company: TeraWulf
What the later record shows
Not a promise: a reported event · happened April 14, 2022
Stated on 2022-04-25, the claim reports that existing investors, including CEO Paul Prager, had already bought $5.0 million of stock concurrently with the April 14, 2022 sale.
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Existing investors, including Chief Executive Officer Paul Prager, purchased $5.0 million of common stock in private offering concurrent with April 14 sale
Source (primary)
TeraWulf 424B5 filed 2022-04-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Concurrently with this sale, certain of our existing investors, including our Chief Executive Officer Paul Prager, purchased $5.0 million of shares of our common stock in a private offering”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The document states that concurrently with the April 14, 2022 sale, existing investors including CEO Paul Prager bought $5.0 million of common stock in a private offering.
Confirmed in the source:
- Certain existing TeraWulf investors purchased $5.0 million of common stock in a private offering
- Chief Executive Officer Paul Prager was among the purchasing investors
- The private purchase was concurrent with the April 14, 2022 sale to Cantor Fitzgerald & Co.
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: “Concurrently with this sale, certain of our existing investors, including our Chief Executive Officer Paul Prager, purchased $5.0 million of shares of our common stock in a private offering”