TeraWulf merger with IKONICS
Company: TeraWulf
The claim, verbatim
Plaintiff alleges that on June 25, 2021 IKONICS and TeraWulf entered a definitive merger agreement under which TeraWulf will acquire all outstanding IKONICS shares for $5.00 cash per share, one contingent value right and one share of combined-company stock, with IKONICS holders owning 2% of the combined company; closing expected in the second half of 2021.
Source (primary)
Jacobs v. Ikonics Corporation — Entry #1: COMPLAINT against Marianne Bohren, Lockwood Carlson, Jeffrey D (RECAP, court_filing)
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Quote: “TeraWulf will acquire all of the outstanding shares of common stock of IKONICS for $5.00 per share, one contingent value right, and 1.00 share of the combined company's 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 Jacobs v. Ikonics Corporation — Entry #1: COMPLAINT against Marianne Bohren, Lockwood Carlson, Jeffrey D
Quote: “TeraWulf will acquire all of the outstanding shares of common stock of IKONICS for $5.00 per share, one contingent value right, and 1.00 share of the combined company's common stock”