Capped call cost funded from proceeds
Company: TeraWulf
The claim, verbatim
TeraWulf used $100.6 million of net proceeds to pay for the capped call transactions.
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 Company used $100.6 million of the net proceeds to fund the cost of the capped call transactions”
How we checked this
Checked on October 6, 2026. The cited source supports every part of this claim.
The release states that $100.6 million of net proceeds paid for the capped call transactions.
Confirmed in the source:
- TeraWulf used $100.6 million of the net proceeds to fund the cost of the capped call transactions
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 Company used $100.6 million of the net proceeds to fund the cost of the capped call transactions”