Convertible Notes conversion price and maximum shares
Company: IREN
The claim, verbatim
Initial conversion price of approximately $16.81 per ordinary share with conversion rate of 59.4919 shares per $1,000 principal; up to 34,029,380 ordinary shares may be issued upon conversion
Source (primary)
IREN 6-K filed 2024-12-06 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The initial conversion rate is 59.4919 ordinary shares per $1,000 principal amount of Convertible Notes, which represents an initial conversion price of approximately $16.81 per ordinary share. ... Initially, a maximum of 34,029,380 ordinary shares may be issued upon conversion of the Convertible Notes.”
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 IREN 6-K filed 2024-12-06
Quote: “The initial conversion rate is 59.4919 ordinary shares per $1,000 principal amount of Convertible Notes, which represents an initial conversion price of approximately $16.81 per ordinary share. ... Initially, a maximum of 34,029,380 ordinary shares may be issued upon conversion of the Convertible Notes.”