Debt repayment via equity issuance
Company: Hut 8
The claim, verbatim
On September 27, 2024, Hut 8 Corp. issued 2,313,435 shares of common stock at $16.395 per share to repay $37,928,768.53 in outstanding principal and accrued interest
Source (primary)
Hut 8 8-K filed 2024-10-01 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “on September 27, 2024 the Company issued 2,313,435 shares of common stock of the Company, par value $0.01 per share ("Common Stock"), at a price of $16.395 per share of Common Stock, in exchange for the satisfaction of $37,928,768.53 total outstanding principal and accrued interest”
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 Hut 8 8-K filed 2024-10-01
Quote: “on September 27, 2024 the Company issued 2,313,435 shares of common stock of the Company, par value $0.01 per share ("Common Stock"), at a price of $16.395 per share of Common Stock, in exchange for the satisfaction of $37,928,768.53 total outstanding principal and accrued interest”