$60M capped call on convertible notes
Company: TeraWulf
The claim, verbatim
TeraWulf used $60 million of the convertible proceeds for a capped call to neutralize dilution up to a share price of $12.80.
Source (primary)
terawulf 8-K exhibit (aex991xearningsreleasexq.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗
Quote: “using $60 million for a capped call to neutralize dilution up to a share price of $12.80”
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 terawulf 8-K exhibit (aex991xearningsreleasexq.htm)
Quote: “using $60 million for a capped call to neutralize dilution up to a share price of $12.80”