Net proceeds of convertible notes offering
Company: TeraWulf
The claim, verbatim
Net proceeds, including the full greenshoe, were about $975.2 million after discounts, commissions and estimated expenses.
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: “Net proceeds from the offering, inclusive of the full greenshoe exercise, totaled approximately $975.2 million”
How we checked this
Checked on October 6, 2026. The cited source supports every part of this claim.
The release gives net proceeds of about $975.2 million, including the greenshoe, after discounts, commissions and estimated offering expenses.
Confirmed in the source:
- Net proceeds from the convertible notes offering, including the full greenshoe exercise, were approximately $975.2 million
- The net proceeds figure is after deducting discounts, commissions and estimated offering expenses
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: “Net proceeds from the offering, inclusive of the full greenshoe exercise, totaled approximately $975.2 million”