$150M greenshoe option on convertible notes
Company: TeraWulf
What the later record shows
Delivered on time · happened August 22, 2025
The initial purchasers fully exercised the $150 million option on August 21, 2025. The additional notes were issued on August 22, 2025, within the 13-day window.
“On August 21, 2025, the Initial Purchasers elected to fully exercise such option, and on August 22, 2025, the Company issued $150 million aggregate principal amount of Additional Notes.”
2025-08-21 · TeraWulf 8-K filed 2025-08-22 View cached copy (2026-08-31)Live source ↗
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
Initial purchasers were granted a 13-day option to buy up to an additional $150 million principal amount of the convertible notes.
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: “a 13-day option to purchase up to an additional $150 million aggregate principal amount of the Convertible Notes”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The press release states TeraWulf granted the initial purchasers a 13-day option to purchase up to an additional $150 million principal amount of the notes.
Confirmed in the source:
- TeraWulf granted the initial purchasers an option on the convertible notes
- The option was a 13-day option
- The option covered up to an additional $150 million aggregate principal amount of the convertible notes
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: “a 13-day option to purchase up to an additional $150 million aggregate principal amount of the Convertible Notes”
confirms TeraWulf 8-K filed 2025-08-22
Quote: “On August 21, 2025, the Initial Purchasers elected to fully exercise such option, and on August 22, 2025, the Company issued $150 million aggregate principal amount of Additional Notes.”