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Convertible Note Transaction Closing Date

Company: Hut 8

Subject kind
financing
Statement date
2024-06-23
Promised by
2024-07-11
Current status
verified

What the later record shows

Delivered on time · happened June 28, 2024

The convertible note was issued to the Coatue Fund on June 28, 2024, which is before the July 11, 2024 target.

“On June 28, 2024, the Company issued the convertible note to the Coatue Fund.”
2024-11-12 · Hut 8 10-Q filed 2024-11-13 View cached copy (2026-08-31)Live source ↗

Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Transaction expected to close on or prior to July 11, 2024

Source (primary)

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

Quote: “The Transaction is expected to be completed on or prior to July 11, 2024, subject to customary closing conditions.”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The filing states the transaction is expected to be completed on or prior to July 11, 2024, subject to customary closing conditions.

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 Transaction is expected to be completed on or prior to July 11, 2024, subject to customary closing conditions.”

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

confirms Hut 8 10-Q filed 2024-11-13

Quote: “On June 28, 2024, the Company issued the convertible note to the Coatue Fund.”

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

Record of changes

September 3, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 4, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.