Net proceeds approximately $877.6 million
Company: TeraWulf
The claim, verbatim
TeraWulf anticipates aggregate net proceeds from the offering will be approximately $877.6 million (or approximately $999.7 million if initial purchasers exercise their full option), after deducting discounts and offering expenses.
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 Company anticipates that the aggregate net proceeds from the offering will be approximately $877.6 million (or approximately $999.7 million if the initial purchasers exercise their option to purchase additional notes in full)”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The release gives both net proceeds figures and states they are net of discounts, commissions and offering expenses.
Confirmed in the source:
- TeraWulf anticipated aggregate net proceeds of approximately $877.6 million
- Net proceeds would be approximately $999.7 million if the initial purchasers exercised their option in full
- These figures are after deducting initial purchasers' discounts and commissions and estimated offering expenses
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 Company anticipates that the aggregate net proceeds from the offering will be approximately $877.6 million (or approximately $999.7 million if the initial purchasers exercise their option to purchase additional notes in full)”