Capped call transactions for convertible notes hedge
Company: IREN
The claim, verbatim
IREN entered into capped call transactions expected to provide a hedge upon conversions up to an initial cap price of $110.30 per share, representing a 100% premium over the May 11, 2026 closing price.
Source (primary)
iren 8-K exhibit (ef20073131_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-07)Live source ↗
Quote: “Capped call transactions entered into in connection with the notes, which are expected generally to provide a hedge upon conversions up to an initial cap price of $110.30 per share, which represents a 100% premium (as compared to the 32.5% conversion premium under the notes)”
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 iren 8-K exhibit (ef20073131_ex99-1.htm)
Quote: “Capped call transactions entered into in connection with the notes, which are expected generally to provide a hedge upon conversions up to an initial cap price of $110.30 per share, which represents a 100% premium (as compared to the 32.5% conversion premium under the notes)”