jain.com

Existing investor equity purchase

Company: TeraWulf

Subject kind
financing
Statement date
2022-04-11
Promised amount
5000000.0 USD
Current status
stated

The claim, verbatim

Existing investors have agreed to purchase $5 million of common stock at $7.88 per share, expected to close prior to or concurrent with the main offering

Source (primary)

TeraWulf 424B5 filed 2022-04-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Certain of our existing investors have agreed to purchase $5,000,000 of our shares of our Common Stock, at a price of $7.88 per share (the last reported sale price of our Common Stock on the Nasdaq on April 8, 2022) in a private offering, which is expected to close prior to or concurrently with the closing of this offering.”

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 424B5 filed 2022-04-12

Quote: “Certain of our existing investors have agreed to purchase $5,000,000 of our shares of our Common Stock, at a price of $7.88 per share (the last reported sale price of our Common Stock on the Nasdaq on April 8, 2022) in a private offering, which is expected to close prior to or concurrently with the closing of this offering.”

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