No redemption before September 6, 2028
Company: TeraWulf
The claim, verbatim
The company may not redeem the notes before September 6, 2028; thereafter it may redeem if the stock trades at least 130% of the conversion price for the specified period.
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 Company may not redeem the Convertible Notes prior to September 6, 2028.”
How we checked this
Checked on October 6, 2026. The cited source supports every part of this claim.
The release states the September 6, 2028 non-call date and the 130% stock price condition for redemption thereafter.
Confirmed in the source:
- The company may not redeem the notes before September 6, 2028
- On or after that date the company may redeem if the stock trades at least 130% of the conversion price for at least 20 trading days within a 30 consecutive trading day period
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 Company may not redeem the Convertible Notes prior to September 6, 2028.”
