Series A Convertible Preferred Stock offering
Company: TeraWulf
The claim, verbatim
TeraWulf sold 10,000 shares of Series A Convertible Preferred Stock for an aggregate purchase price of $10.0 million
Source (primary)
TeraWulf 8-K filed 2022-03-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Pursuant to the Subscription Agreements, the Company sold 10,000 shares (the "Preferred Shares") of Series A Convertible Preferred Stock, par value $0.001 per share (the "Convertible Preferred Stock"), which are convertible into shares of common stock, par value $0.001 per share (such converted shares, the "Underlying Common Shares" ), to the Purchasers for an aggregate purchase price of $10.0 million.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the Company sold 10,000 Preferred Shares for an aggregate purchase price of $10.0 million.
Confirmed in the source:
- TeraWulf sold 10,000 shares of Series A Convertible Preferred Stock
- The aggregate purchase price was $10.0 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465922034249/tm222878d9_8k.htm) in full (12,246 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2022-03-16
Quote: “Pursuant to the Subscription Agreements, the Company sold 10,000 shares (the "Preferred Shares") of Series A Convertible Preferred Stock, par value $0.001 per share (the "Convertible Preferred Stock"), which are convertible into shares of common stock, par value $0.001 per share (such converted shares, the "Underlying Common Shares" ), to the Purchasers for an aggregate purchase price of $10.0 million.”