Greenshoe exercise on 1.00% Convertible Notes due 2031
Company: TeraWulf
The claim, verbatim
Initial purchasers fully exercised their option to buy an additional $150 million principal of 1.00% Convertible Senior Notes due 2031. The option was exercised August 21, 2025 and the purchase closed August 22, 2025.
Source (primary)
terawulf 8-K exhibit (tm2523651d6_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-05)Live source ↗
Quote: “the initial purchasers of 1.00% Convertible Senior Notes due 2031 (the “Convertible Notes”) have fully exercised their option to purchase an additional $150 million aggregate principal amount of notes”
How we checked this
Checked on October 6, 2026. The cited source supports every part of this claim.
The press release states the full greenshoe exercise of $150 million, the exercise date of August 21, 2025, and the completion date of August 22, 2025.
Confirmed in the source:
- Initial purchasers fully exercised their option to buy an additional $150 million principal amount of notes
- The notes are TeraWulf's 1.00% Convertible Senior Notes due 2031
- The option was exercised on August 21, 2025
- The purchase was completed on August 22, 2025
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925081886/tm2523651d6_ex99-1.htm) in full (5,219 characters, retrieved October 5, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (tm2523651d6_ex99-1.htm)
Quote: “the initial purchasers of 1.00% Convertible Senior Notes due 2031 (the “Convertible Notes”) have fully exercised their option to purchase an additional $150 million aggregate principal amount of notes”