$60M initial purchaser option on convertible notes
Company: TeraWulf
The claim, verbatim
TeraWulf expects to grant initial purchasers a 13-day option, starting on the first issue date, to buy up to an additional $60 million principal amount of the notes.
Source (primary)
terawulf 8-K exhibit (tm2523651d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-06)Live source ↗
Quote: “TeraWulf also expects to grant the initial purchasers of the Convertible Notes an option to purchase, within a 13-day period beginning on, and including the date on which the Convertible Notes are first issued, up to an additional $60 million aggregate principal amount of the Convertible Notes”
How we checked this
Checked on October 7, 2026. The cited source supports every part of this claim.
The document describes the $60 million additional-notes option and its 13-day window starting on the first issue date.
Confirmed in the source:
- TeraWulf expects to grant initial purchasers an option to buy up to an additional $60 million principal amount of the notes
- The option period is 13 days beginning on and including the first issue date
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925079466/tm2523651d1_ex99-1.htm) in full (10,920 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (tm2523651d1_ex99-1.htm)
Quote: “TeraWulf also expects to grant the initial purchasers of the Convertible Notes an option to purchase, within a 13-day period beginning on, and including the date on which the Convertible Notes are first issued, up to an additional $60 million aggregate principal amount of the Convertible Notes”