Series A Offering Net Proceeds
Company: TeraWulf
The claim, verbatim
Expected net proceeds of approximately $9.8 million from the Series A offering after deducting offering expenses
Source (primary)
TeraWulf 424B5 filed 2022-03-17 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We expect to receive net proceeds of approximately $9.8 million from this offering, after deducting the estimated offering expenses payable by us.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The Use of Proceeds and summary sections state both the $9.8 million figure and that it is net of offering expenses.
Confirmed in the source:
- Expected net proceeds of approximately $9.8 million from the offering
- Net proceeds are after deducting the estimated offering expenses
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465922034743/tm222878-8_424b5.htm) in full (262,726 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2022-03-17
Quote: “We expect to receive net proceeds of approximately $9.8 million from this offering, after deducting the estimated offering expenses payable by us.”