Initial conversion price of $19.9375 per share
Company: TeraWulf
The claim, verbatim
The initial conversion price is approximately $19.9375 per share (50.1567 shares per $1,000 principal), representing a 37.5% premium to the October 29, 2025 closing price.
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 conversion rate will initially be 50.1567 shares of common stock per $1,000 principal amount of Convertible Notes (equivalent to an initial conversion price of approximately $19.9375 per share of the common stock)”
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 exhibit (tm2529509d3_ex99-1.htm)
Quote: “The conversion rate will initially be 50.1567 shares of common stock per $1,000 principal amount of Convertible Notes (equivalent to an initial conversion price of approximately $19.9375 per share of the common stock)”