Convertible notes offering
Company: TeraWulf
The claim, verbatim
Company intends to offer $350.0 million aggregate principal amount of convertible senior notes due 2030, with initial purchasers holding option to purchase up to additional $75.0 million within 13 days of issuance
Source (primary)
TeraWulf 8-K filed 2024-10-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “its intention to offer, subject to market conditions and other factors, $350.0 million aggregate principal amount of convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended, and to grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $75.0 million aggregate principal amount of the notes”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The 8-K announces the intended $350.0 million offering of convertible senior notes due 2030. It also describes the planned 13-day option for initial purchasers to buy up to $75.0 million more. The offering and the option were announced as intentions, subject to market conditions.
Confirmed in the source:
- TeraWulf announced its intention to offer $350.0 million aggregate principal amount of convertible senior notes
- The notes are due 2030
- The company intends to grant initial purchasers an option to buy up to an additional $75.0 million aggregate principal amount of the notes
- The option runs for a 13-day period beginning on, and including, the date the notes are first issued
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000095014224002623/eh240548166_8k.htm) in full (6,260 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2024-10-23
Quote: “its intention to offer, subject to market conditions and other factors, $350.0 million aggregate principal amount of convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended, and to grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $75.0 million aggregate principal amount of the notes”