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Coatue note conversion price

Company: Hut 8

Subject kind
financing
Statement date
2024-06-23
Promised amount
16.395 USD
Current status
stated

The claim, verbatim

Coatue may convert the note into Hut 8 common stock at an initial conversion price of $16.395 per share. This is roughly a 45% premium to the 10-day VWAP through June 20, 2024.

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 initial conversion price of the Note is $16.395 per share of common stock, subject to certain anti-dilution adjustments”

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 initial conversion price of the Note is $16.395 per share of common stock, subject to certain anti-dilution adjustments”

View cached copy (2026-11-02)Live source ↗