Share settlement requires stockholder approval of authorized share increase
Company: TeraWulf
The claim, verbatim
The company's ability to settle conversions in shares is subject to receiving stockholder approval to increase its authorized common shares.
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’s ability to elect to settle conversions in shares of common stock will be subject to its receipt of stockholder approval for an increase in the number of the Company’s authorized shares of common stock.”
How we checked this
Checked on October 6, 2026. The cited source supports every part of this claim.
The release states share settlement depends on stockholder approval to increase authorized shares.
Confirmed in the source:
- The company's ability to settle conversions in shares is subject to stockholder approval of an increase in authorized common shares
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’s ability to elect to settle conversions in shares of common stock will be subject to its receipt of stockholder approval for an increase in the number of the Company’s authorized shares of common stock.”