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Convertible notes offering expected close

Company: TeraWulf

Subject kind
financing
Statement date
2025-08-18
Promised by
2025-08-20
Current status
verified

What the later record shows

Delivered; the record does not say when

The 10-K says the 2031 convertible notes offering was completed in August 2025. No passage gives the exact closing date, so whether it closed by August 20 cannot be confirmed.

“In August 2025, the Company completed a private offering of 1.00% Convertible Senior Notes due 2031”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗

Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

The convertible notes offering is expected to close on August 20, 2025, subject to customary closing conditions.

Source (primary)

terawulf 8-K exhibit (tm2523651d4_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-05)Live source ↗

Quote: “The offering is expected to close on August 20, 2025, subject to satisfaction of customary closing conditions.”

How we checked this

Checked on October 12, 2026. The cited source supports every part of this claim.

The press release states the offering is expected to close on August 20, 2025, subject to customary closing conditions.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925079960/tm2523651d4_ex99-1.htm) in full (13,479 characters, retrieved October 5, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms terawulf 8-K exhibit (tm2523651d4_ex99-1.htm)

Quote: “The offering is expected to close on August 20, 2025, subject to satisfaction of customary closing conditions.”

View cached copy (2026-10-05)Live source ↗

confirms View 10-K PDF

Quote: “In August 2025, the Company completed a private offering of 1.00% Convertible Senior Notes due 2031”

View cached copy (2026-09-01)Live source ↗Archive.org ↗

Record of changes

October 5, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 6, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.