Capped call with initial cap price of $120.18/share
Company: IREN
The claim, verbatim
IREN entered into capped call transactions with an initial cap price of $120.18 per share, a 100% premium over the $60.09 closing price on October 8, 2025, expected to reduce dilution upon conversion of the notes.
Source (primary)
iren 8-K exhibit (ef20056955_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-28)Live source ↗
Quote: “The cap price of the capped call transactions is initially $120.18 per share, which represents a premium of 100% over the last reported sale price of IREN's ordinary shares of $60.09 per share on October 8, 2025”
How we checked this
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Additional evidence
confirms iren 8-K exhibit (ef20056955_ex99-1.htm)
Quote: “The cap price of the capped call transactions is initially $120.18 per share, which represents a premium of 100% over the last reported sale price of IREN's ordinary shares of $60.09 per share on October 8, 2025”