Use of proceeds: capped call funding
Company: IREN
The claim, verbatim
IREN intends to use $48.9 million of net proceeds to fund the capped call transactions.
Source (primary)
iren 8-K exhibit (ef20050462_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-13)Live source ↗
Quote: “IREN intends to use $48.9 million of the net proceeds to fund the cost of entering into the capped call transactions”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The document states the $48.9 million allocation to the capped call transactions.
Confirmed in the source:
- IREN intends to use $48.9 million of the net proceeds to fund the cost of the capped call transactions
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036125022117/ef20050462_ex99-1.htm) in full (18,037 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ef20050462_ex99-1.htm)
Quote: “IREN intends to use $48.9 million of the net proceeds to fund the cost of entering into the capped call transactions”