$150M Coatue convertible note closing
Company: Hut 8
What the later record shows
Delivered on time · happened June 28, 2024
The 10-Q filings state the Company issued the $150.0 million convertible note to the Coatue Fund on June 28, 2024, before the July 11, 2024 promised date.
“providing for the purchase and sale of a convertible note (the “convertible note”) in the principal amount of $ 150.0 million”
2024-11-12 · Hut 8 10-Q filed 2024-11-13 View cached copy (2026-08-31)Live source ↗
“On June 28, 2024, the Company issued the convertible note to the Coatue Fund (the “Coatue Note”).”
2026-05-05 · Hut 8 10-Q filed 2026-05-06 View cached copy (2026-08-30)Live source ↗
Checked November 2, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Hut 8 has entered into a definitive agreement under which a Coatue-managed fund will invest $150 million in the company through a convertible note. Closing of the note issuance is expected on or before July 11, 2024, subject to customary closing conditions.
Source (primary)
hut-8 8-K exhibit (hut-20240621xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-02)Live source ↗
Quote: “The closing of the issuance of the Note is expected to be completed on or prior to July 11, 2024, subject to 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 hut-8 8-K exhibit (hut-20240621xex99d1.htm)
Quote: “The closing of the issuance of the Note is expected to be completed on or prior to July 11, 2024, subject to customary closing conditions.”
confirms Hut 8 10-Q filed 2026-05-06
Quote: “On June 28, 2024, the Company issued the convertible note to the Coatue Fund (the “Coatue Note”).”
confirms Hut 8 10-Q filed 2024-11-13
Quote: “providing for the purchase and sale of a convertible note (the “convertible note”) in the principal amount of $ 150.0 million”