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Convertible Note Initial Conversion Price

Company: Hut 8

Subject kind
financing
Statement date
2024-06-23
Promised amount
16.395 USD
Current status
stated

The claim, verbatim

Initial conversion price of $16.395 per share of common stock

Source (primary)

Hut 8 8-K filed 2024-06-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The initial conversion price of the Note is $16.395 per share of Common Stock”

How we checked this

Checked on September 18, 2026. The cited source supports every part of this claim.

The filing sets the initial conversion price at $16.395 per share, subject to anti-dilution adjustments.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000155837024009418/hut-20240621x8k.htm) in full (9,924 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Hut 8 8-K filed 2024-06-24

Quote: “The initial conversion price of the Note is $16.395 per share of Common Stock”

View cached copy (2026-08-31)Live source ↗