Expected net proceeds ~$828.7M
Company: TeraWulf
The claim, verbatim
Net proceeds are expected to be approximately $828.7 million, or approximately $975.2 million if the additional-notes option is exercised in full.
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 aggregate net proceeds from the offering will be approximately $828.7 million (or approximately $975.2 million if the initial purchasers exercise their option to purchase additional notes in full)”
How we checked this
Checked on October 6, 2026. The cited source supports every part of this claim.
Both net proceeds figures appear in the release's use of proceeds section.
Confirmed in the source:
- Expected net proceeds are approximately $828.7 million
- Net proceeds would be approximately $975.2 million if the additional-notes option is exercised in full
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 aggregate net proceeds from the offering will be approximately $828.7 million (or approximately $975.2 million if the initial purchasers exercise their option to purchase additional notes in full)”