Use of proceeds: capped calls, share buyback, general corporate purposes
Company: TeraWulf
The claim, verbatim
TeraWulf intends to use net proceeds from the offering to pay for capped call transactions, repurchase common stock, and for general corporate purposes.
Source (primary)
terawulf 8-K exhibit (eh240548166_ex9902.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “The Company intends to use the net proceeds from the offering to pay the cost of the capped call transactions (as described below), to repurchase shares of the Company's common stock (the "common stock") and for general corporate purposes.”
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 (eh240548166_ex9902.htm)
Quote: “The Company intends to use the net proceeds from the offering to pay the cost of the capped call transactions (as described below), to repurchase shares of the Company's common stock (the "common stock") and for general corporate purposes.”