Up to $100M prepaid forward share purchase
Company: IREN
The claim, verbatim
IREN expects to enter into a prepaid forward share purchase transaction with an initial purchaser or its affiliate. Under it, IREN will purchase up to $100 million of its ordinary shares, with settlement shortly after the notes mature.
Source (primary)
iren 8-K exhibit (ef20039452_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-24)Live source ↗
Quote: “pursuant to which IREN will purchase up to $100 million of its ordinary shares (based on the last reported sale price of IREN’s ordinary shares on the pricing date), for settlement on the date that is shortly after the maturity date of the notes”
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_ex99-1.htm)
Quote: “pursuant to which IREN will purchase up to $100 million of its ordinary shares (based on the last reported sale price of IREN’s ordinary shares on the pricing date), for settlement on the date that is shortly after the maturity date of the notes”