Conversion premium on convertible notes
Company: IREN
The claim, verbatim
The convertible senior notes have a 32.5% conversion premium
Source (primary)
iren 8-K exhibit (ef20073507_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-07)Live source ↗
Quote: “1.00% coupon, 32.5% conversion premium”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document lists a 32.5% conversion premium.
Confirmed in the source:
- the convertible senior notes have a 32.5% conversion premium
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036126021285/ef20073507_ex99-1.htm) in full (7,196 characters, retrieved September 7, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ef20073507_ex99-1.htm)
Quote: “1.00% coupon, 32.5% conversion premium”