Use of proceeds: prepaid forward
Company: IREN
The claim, verbatim
IREN intends to use approximately $75.9 million of net proceeds to fund the prepaid forward transaction, with the remainder for general corporate purposes and working capital.
Source (primary)
iren 8-K exhibit (ef20039452_ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “approximately $75.9 million to fund the cost of entering into the prepaid forward transaction described below and the remainder of the net proceeds from the offering for general corporate purposes and working capital”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms iren 8-K exhibit (ef20039452_ex99-2.htm)
Quote: “approximately $75.9 million to fund the cost of entering into the prepaid forward transaction described below and the remainder of the net proceeds from the offering for general corporate purposes and working capital”