Capped Call Transactions
Company: TeraWulf
The claim, verbatim
Company intends to use approximately $51.0 million of net proceeds for capped call transactions
Source (primary)
TeraWulf 8-K filed 2024-10-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “approximately $51.0 million of the net proceeds from the sale of the notes to pay the cost of certain capped call transactions”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states that the company plans to use about $51.0 million of the net proceeds to pay for certain capped call transactions.
Confirmed in the source:
- The company intends to use approximately $51.0 million of the net proceeds from the notes
- That amount is intended to pay the cost of capped call transactions
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000095014224002628/eh240548495_8k.htm) in full (6,574 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2024-10-24
Quote: “approximately $51.0 million of the net proceeds from the sale of the notes to pay the cost of certain capped call transactions”