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Convertible Preferred Stock annual dividend rate

Company: TeraWulf

Subject kind
financing
Statement date
2022-03-15
Promised amount
10.0 percent
Current status
stated

The claim, verbatim

Holders will receive non-cash dividends at an annual rate of 10.0% on stated amount per share, accumulating daily and payable quarterly

Source (primary)

TeraWulf 8-K filed 2022-03-16 (SEC EDGAR, sec_filing)
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Quote: “Holders of the Convertible Preferred Stock will be entitled to receive non-cash dividends at an annual rate of 10.0% on the stated amount per share plus the amount of any accrued and unpaid dividends on such share, accumulating on a daily basis and payable quarterly”

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 8-K filed 2022-03-16

Quote: “Holders of the Convertible Preferred Stock will be entitled to receive non-cash dividends at an annual rate of 10.0% on the stated amount per share plus the amount of any accrued and unpaid dividends on such share, accumulating on a daily basis and payable quarterly”

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