Post-merger ownership split
Company: TeraWulf
The claim, verbatim
After the merger, IKONICS stockholders would own about 2% of Holdco and TeraWulf stockholders would own the remaining 98%.
Source (primary)
Reinhardt 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: “IKONICS stockholders will own approximately 2% of Holdco's common stock upon completion of the Proposed Transaction. TeraWulf stockholders will own the remaining 98%.”
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: “IKONICS stockholders will own approximately 2% of Holdco's common stock upon completion of the Proposed Transaction. TeraWulf stockholders will own the remaining 98%.”