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Sales Agreement for $200M ATM offering

Company: TeraWulf

This claim was withdrawn on September 3, 2026. The quoted passage is verbatim and the $200,000,000 ATM figure is correct, but the source names seven Agents, not eight, so the claim's count is contradicted.

How this was decided: Evidence review against the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
financing
Statement date
2025-05-08
Promised amount
200000000.0 USD
Current status
withdrawn

The claim, verbatim

Entered into Sales Agreement with eight financial institutions for at-the-market offering of up to $200,000,000 in common stock

Source (primary)

TeraWulf 424B5 filed 2025-05-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “We have entered into a Sales Agreement with Cantor Fitzgerald & Co., ATB Capital Markets USA Inc., Compass Point Research & Trading, LLC, Northland Securities, Inc., Roth Capital Partners, LLC, Keefe, Bruyette & Woods, Inc., and Virtu Americas LLC... from time to time we may offer and sell shares of our Common Stock having an aggregate gross sales price of up to $200,000,000”

How we checked this

Checked on September 17, 2026. The cited source supports part of this claim, but not all of it.

The filing confirms a Sales Agreement for an at-the-market offering of up to $200 million in common stock. It names seven agents, not eight.

Confirmed in the source:

We could not confirm this from the cited source:

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000162828025024284/terawulf424b5.htm) in full (154,675 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 424B5 filed 2025-05-09

Quote: “We have entered into a Sales Agreement with Cantor Fitzgerald & Co., ATB Capital Markets USA Inc., Compass Point Research & Trading, LLC, Northland Securities, Inc., Roth Capital Partners, LLC, Keefe, Bruyette & Woods, Inc., and Virtu Americas LLC... from time to time we may offer and sell shares of our Common Stock having an aggregate gross sales price of up to $200,000,000”

View cached copy (2026-08-31)Live source ↗

Record of changes

September 2, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 3, 2026 — withdrawn
Evidence review against the cited source. The quoted passage is verbatim and the $200,000,000 ATM figure is correct, but the source names seven Agents, not eight, so the claim's count is contradicted.