TeraWulf–IKONICS merger agreement and consideration
Company: TeraWulf
The claim, verbatim
On June 25, 2021, IKONICS entered into a merger agreement with TeraWulf. Each IKONICS share would receive one Holdco share, one CVR and $5.00 in cash.
Source (primary)
Reinhardt v. Ikonics Corporation — Entry #1: COMPLAINT against Marianne Bohren, Lockwood Carlson, Jeffrey D (RECAP, court_filing)
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Quote: “On June 25, 2021, IKONICS announced its entry into an Agreement and Plan of Merger dated the same day ... IKONICS stockholders will receive (a) one share of Holdco common stock; (b) one contractual contingent value right ("CVR") to be issued by Holdco; and (c) $5.00 in cash for each share of Company common stock they own”
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 Reinhardt v. Ikonics Corporation — Entry #1: COMPLAINT against Marianne Bohren, Lockwood Carlson, Jeffrey D
Quote: “On June 25, 2021, IKONICS announced its entry into an Agreement and Plan of Merger dated the same day ... IKONICS stockholders will receive (a) one share of Holdco common stock; (b) one contractual contingent value right ("CVR") to be issued by Holdco; and (c) $5.00 in cash for each share of Company common stock they own”