Capped call transactions
Company: IREN
The claim, verbatim
Company entered into capped call transactions with Citibank, Morgan Stanley, Mizuho Markets Americas, and Wells Fargo with cap price of $25.86 and cost of approximately $44.4 million
Source (primary)
IREN 6-K filed 2024-12-06 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company entered into privately negotiated capped call transactions (the "Base Capped Call Transactions") with Citibank, N.A., Morgan Stanley & Co. LLC, Mizuho Markets Americas LLC and Wells Fargo Bank, National Association. The cap price of the Capped Call Transactions is initially $25.86... The cost of the Capped Call Transactions was approximately $44.4 million.”
How we checked this
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Additional evidence
confirms IREN 6-K filed 2024-12-06
Quote: “the Company entered into privately negotiated capped call transactions (the "Base Capped Call Transactions") with Citibank, N.A., Morgan Stanley & Co. LLC, Mizuho Markets Americas LLC and Wells Fargo Bank, National Association. The cap price of the Capped Call Transactions is initially $25.86... The cost of the Capped Call Transactions was approximately $44.4 million.”