jain.com
The Analysis · Companies · People · Methodology

Convertible Notes Interest Rate and Maturity

Company: IREN

Subject kind
financing
Statement date
2025-06-12
Promised by
2029-12-15
Promised amount
3.5 percent
Current status
stated

The claim, verbatim

The Convertible Notes accrue interest at 3.50% per annum, payable semi-annually on June 15 and December 15, and mature on December 15, 2029

Source (primary)

IREN 6-K filed 2025-06-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The Convertible Notes will accrue interest at a rate of 3.50% per annum, payable semi-annually in arrears on June 15 and December 15 of each year, beginning on December 15, 2025. The Convertible Notes will mature on December 15, 2029, unless earlier repurchased, redeemed or converted.”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036125022454/ef20050570_6k.htm) in full (20,207 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN 6-K filed 2025-06-13

Quote: “The Convertible Notes will accrue interest at a rate of 3.50% per annum, payable semi-annually in arrears on June 15 and December 15 of each year, beginning on December 15, 2025. The Convertible Notes will mature on December 15, 2029, unless earlier repurchased, redeemed or converted.”

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