Fluidstack termination right on Akela Project delay
Company: TeraWulf - Project: Akela Data
The claim, verbatim
Fluidstack may terminate the lease for an Akela Project if its completion is delayed by more than 180 days, or more than 300 days in a force majeure event. Such a termination would not trigger the Google Backstop.
Source (primary)
terawulf 8-K exhibit (tm2528711d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-28)Live source ↗
Quote: “If completion of an Akela Project is delayed by greater than 180 days, or greater than 300 days in the case of a force majeure event, Fluidstack will have the right to terminate the applicable Fluidstack Lease”
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 terawulf 8-K exhibit (tm2528711d1_ex99-1.htm)
Quote: “If completion of an Akela Project is delayed by greater than 180 days, or greater than 300 days in the case of a force majeure event, Fluidstack will have the right to terminate the applicable Fluidstack Lease”