Convertible notes offering expected closing
Company: TeraWulf
What the later record shows
Delivered; the record does not say when
The 10-K says the 2.75% convertible notes offering was completed in October 2024, with $500 million principal outstanding (upsized from $425 million). No passage gives the exact closing day, so whether it closed by October 25 cannot be confirmed.
“In October 2024, the Company completed a private offering of 2.75 % convertible senior notes due 2030 (the “2030 Convertible Notes”).”
2025-03-02 · TeraWulf 10-K filed 2025-03-03 View cached copy (2026-08-31)Live source ↗
Checked October 25, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The convertible notes offering is expected to close on October 25, 2024, subject to customary closing conditions.
Source (primary)
terawulf 8-K exhibit (eh240548495_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗
Quote: “The offering is expected to close on October 25, 2024, subject to satisfaction of customary closing conditions.”
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 (eh240548495_ex9901.htm)
Quote: “The offering is expected to close on October 25, 2024, subject to satisfaction of customary closing conditions.”
confirms TeraWulf 10-K filed 2025-03-03
Quote: “In October 2024, the Company completed a private offering of 2.75 % convertible senior notes due 2030 (the “2030 Convertible Notes”).”