S-4 disclosure suit over TeraWulf merger
Company: TeraWulf
The claim, verbatim
Plaintiff alleges the S-4 for the IKONICS–TeraWulf merger was materially incomplete and misleading, in violation of Exchange Act Sections 14(a) and 20(a). The alleged omissions include EBITDA line items in TeraWulf's forecasts and the terminal values and inputs in Northland's TeraWulf DCF analysis. Plaintiff seeks to enjoin the transaction.
Source (primary)
Jacobs v. Ikonics Corporation — Entry #1: COMPLAINT against Marianne Bohren, Lockwood Carlson, Jeffrey D (RECAP, court_filing)
View cached copy (2026-09-28)Live source ↗
Quote: “with regards to "TeraWulf's Forecasts," the S-4 fails to disclose all line items underlying EBITDA”
How we checked this
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Additional evidence
confirms Jacobs v. Ikonics Corporation — Entry #1: COMPLAINT against Marianne Bohren, Lockwood Carlson, Jeffrey D
Quote: “with regards to "TeraWulf's Forecasts," the S-4 fails to disclose all line items underlying EBITDA”