Offering expected to close October 31, 2025
Company: TeraWulf
What the later record shows
Delivered on time · happened October 31, 2025
The 10-Q says the 2032 convertible notes offering was sold, with the option purchase completed October 31, 2025, which matches the expected close date. The passage does not separately state the base tranche's settlement date.
“which the Initial Purchasers exercised in full on October 30, 2025 and which additional purchase was completed on October 31, 2025”
2025-11-09 · TeraWulf 10-Q filed 2025-11-10 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The offering is expected to close on October 31, 2025, subject to satisfaction of customary closing conditions.
Source (primary)
terawulf 8-K exhibit (tm2529509d3_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “The offering is expected to close on October 31, 2025, subject to satisfaction of customary closing conditions.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
TeraWulf's October 29, 2025 press release states that the offering is expected to close on October 31, 2025, subject to customary closing conditions.
Confirmed in the source:
- TeraWulf's $900 million convertible notes offering was expected to close on October 31, 2025
- The expected closing was subject to satisfaction of customary closing conditions
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925103923/tm2529509d3_ex99-1.htm) in full (9,931 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (tm2529509d3_ex99-1.htm)
Quote: “The offering is expected to close on October 31, 2025, subject to satisfaction of customary closing conditions.”
confirms TeraWulf 10-Q filed 2025-11-10
Quote: “which the Initial Purchasers exercised in full on October 30, 2025 and which additional purchase was completed on October 31, 2025”