Convertible Note Redemption Right
Company: Hut 8
The claim, verbatim
Beginning on the two-year anniversary, company has right to redeem note at 100% of accrued principal plus accrued interest
Source (primary)
Hut 8 8-K filed 2024-06-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Beginning on the two year anniversary of the Note's issuance and continuing until its maturity, the Company has the right, from time to time, to redeem all or any portion of the Note for a redemption price equal to 100% of the Accreted Principal Amount, together with any accrued and unpaid 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 2024-06-24
Quote: “Beginning on the two year anniversary of the Note's issuance and continuing until its maturity, the Company has the right, from time to time, to redeem all or any portion of the Note for a redemption price equal to 100% of the Accreted Principal Amount, together with any accrued and unpaid interest”