Allocation of Net Proceeds to Prepaid Forward Transaction
Company: IREN
The claim, verbatim
The Company used approximately $92.5 million of the net proceeds to fund the cost of entering into a prepaid forward share purchase transaction
Source (primary)
IREN 6-K filed 2025-06-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company used approximately $92.5 million of the net proceeds to fund the cost of entering into the prepaid forward transaction described herein.”
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 6-K filed 2025-06-13
Quote: “The Company used approximately $92.5 million of the net proceeds to fund the cost of entering into the prepaid forward transaction described herein.”