March 2022 direct offerings
Company: TeraWulf
The claim, verbatim
Completed offerings worth approximately $15 million comprised of $10 million registered direct offering of convertible preferred stock and $5 million direct purchase by CEO
Source (primary)
TeraWulf 10-K filed 2022-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Completed offerings worth approximately $15 million, comprised of a registered direct offering of convertible preferred stock generating gross proceeds of $10 million and a $5 million direct purchase by the Company ' s CEO”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The 10-K states under March 2022 that TeraWulf completed approximately $15 million of offerings comprising a $10 million convertible preferred offering and a $5 million direct purchase by its CEO.
Confirmed in the source:
- TeraWulf completed offerings worth approximately $15 million
- the offerings included a $10 million registered direct offering of convertible preferred stock
- the offerings included a $5 million direct purchase by the Company's CEO
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465922041168/wulf-20211231x10k.htm) in full (353,283 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2022-03-31
Quote: “Completed offerings worth approximately $15 million, comprised of a registered direct offering of convertible preferred stock generating gross proceeds of $10 million and a $5 million direct purchase by the Company ' s CEO”