Convertible notes issuance with capped calls and prepaid forward
Company: IREN
The claim, verbatim
On 6 December 2024 the company issued convertible notes. It separately entered into capped call transactions and a prepaid forward share purchase contract.
Source (primary)
iren 8-K exhibit (iren-20250331_d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗
Quote: “On 6 December 2024, the Group issued convertible notes and has separately entered into privately negotiated capped call transactions and prepaid forward share purchase contract.”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
Notes 9 and 15 state that the notes were issued on 6 December 2024 and that the capped calls and prepaid forward contract were entered into separately.
Confirmed in the source:
- The company issued convertible notes on 6 December 2024
- The company separately entered into capped call transactions
- The company separately entered into a prepaid forward share purchase contract
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000187884825000043/iren-20250331_d2.htm) in full (68,582 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (iren-20250331_d2.htm)
Quote: “On 6 December 2024, the Group issued convertible notes and has separately entered into privately negotiated capped call transactions and prepaid forward share purchase contract.”