Estimated net proceeds from convertible notes offering
Company: IREN
The claim, verbatim
Estimated net proceeds of approximately $386.5 million (or approximately $425.4 million if initial purchasers exercise their option)
Source (primary)
IREN 6-K filed 2024-12-04 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company estimates that the net proceeds of the offering will be approximately $386.5 million (or approximately $425.4 million if the initial purchasers exercise in full their option to purchase additional Convertible Notes)”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing gives estimated net proceeds of about $386.5 million, or about $425.4 million if the purchasers' option is exercised in full.
Confirmed in the source:
- Estimated net proceeds of approximately $386.5 million
- Estimated net proceeds of approximately $425.4 million if the initial purchasers fully exercise their option
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036124048343/ef20039452_6k.htm) in full (4,771 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 6-K filed 2024-12-04
Quote: “The Company estimates that the net proceeds of the offering will be approximately $386.5 million (or approximately $425.4 million if the initial purchasers exercise in full their option to purchase additional Convertible Notes)”