Redemption terms for convertible notes
Company: IREN
The claim, verbatim
The notes will be redeemable at IREN's option on or after June 6, 2030, if the stock price exceeds 130% of the conversion price for a specified period.
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: “The notes will be redeemable, in whole or in part (subject to certain limitations), for cash at IREN's option, on or after June 6, 2030 and on or before the 30th scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of IREN's ordinary shares exceeds 130% of the conversion price for a specified period of time and certain other conditions are satisfied.”
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: “The notes will be redeemable, in whole or in part (subject to certain limitations), for cash at IREN's option, on or after June 6, 2030 and on or before the 30th scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of IREN's ordinary shares exceeds 130% of the conversion price for a specified period of time and certain other conditions are satisfied.”