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No redemption before September 6, 2028

Company: TeraWulf

Subject kind
financing
Statement date
2025-08-18
Promised by
2028-09-06
Current status
stated

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:

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.”

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