Equipment finance facilities repayable through Sept 2023
Company: IREN
What the later record shows
Outcome not yet confirmed
No passage mentions the 12% equipment finance facilities or their repayment through September 2023. The loan passages cover employee Loan Funded Share agreements and later financing facilities instead.
Checked November 1, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The complaint quotes the Offering Documents: as of Sep 30, 2021, equipment loan facilities totalled $53.9M, with $22.9M drawn, at 12% annual interest. The loans are repayable monthly, with the final payment due Sep 25, 2023.
Source (primary)
MALOUF v. <mark>IRIS ENERGY LIMITED</mark> — Entry #1: COMPLAINT against MICHAEL ALFRED, DAVID BARTHOLOMEW, CHRISTOPHER GUZOWSKI, IRIS ENERGY LIMITED, BELINDA NUCIFORA, DANIEL ROBERTS, WILLIAM ROBERTS ( Filing and… (RECAP, court_filing)
View cached copy (2026-11-01)Live source ↗
Quote: “the aggregate amount of the loan facilities was $53.9 million, and the aggregate amount of funds borrowed under these loans was $22.9 million. The loans carry an annual interest rate of 12% and are to repaid through monthly payments of interest and principal through September 2023”
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 MALOUF v. <mark>IRIS ENERGY LIMITED</mark> — Entry #1: COMPLAINT against MICHAEL ALFRED, DAVID BARTHOLOMEW, CHRISTOPHER GUZOWSKI, IRIS ENERGY LIMITED, BELINDA NUCIFORA, DANIEL ROBERTS, WILLIAM ROBERTS ( Filing and…
Quote: “the aggregate amount of the loan facilities was $53.9 million, and the aggregate amount of funds borrowed under these loans was $22.9 million. The loans carry an annual interest rate of 12% and are to repaid through monthly payments of interest and principal through September 2023”