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At Market Issuance Sales Agreement for common stock

Company: TeraWulf

Subject kind
financing
Statement date
2022-03-30
Promised amount
200.0 USD
Current status
stated

The claim, verbatim

TeraWulf entered into ATM offering for up to $200 million in common stock on February 11, 2022

Source (primary)

TeraWulf 10-K filed 2022-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “On February 11, 2022, in order to facilitate additional capital acquisition, the Company entered into an At Market Issuance Sales Agreement (the "Sales Agreement") with B. Riley Securities, Inc. and D.A. Davidson & Co. (each, individually, an "Agent" and, collectively, the "Agents"), pursuant to which the Company may offer and sell, from time to time, through or to the agents, acting as agent or principal, shares of the Company's common stock, par value $0.001 per share, having an aggregate offering price of up to $200.0 million (the "Shares").”

How we checked this

Checked on September 22, 2026. The cited source supports every part of this claim.

The document confirms the February 11, 2022 ATM agreement for up to $200.0 million of common stock with the named agents.

Confirmed in the source:

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: “On February 11, 2022, in order to facilitate additional capital acquisition, the Company entered into an At Market Issuance Sales Agreement (the "Sales Agreement") with B. Riley Securities, Inc. and D.A. Davidson & Co. (each, individually, an "Agent" and, collectively, the "Agents"), pursuant to which the Company may offer and sell, from time to time, through or to the agents, acting as agent or principal, shares of the Company's common stock, par value $0.001 per share, having an aggregate offering price of up to $200.0 million (the "Shares").”

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