Net proceeds from Convertible Notes offering
Company: IREN
The claim, verbatim
Company estimates net proceeds of approximately $2.57 billion (or $2.96 billion if all options exercised) after deducting discounts, commissions and offering expenses
Source (primary)
IREN 8-K filed 2026-05-12 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company estimates that the net proceeds of the offering will be approximately $2.57 billion (or approximately $2.96 billion if the initial purchasers exercise in full their option to purchase additional Convertible Notes), after deducting the initial purchasers' discounts and commissions and the Company's estimated offering expenses.”
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 filed 2026-05-12
Quote: “The Company estimates that the net proceeds of the offering will be approximately $2.57 billion (or approximately $2.96 billion if the initial purchasers exercise in full their option to purchase additional Convertible Notes), after deducting the initial purchasers' discounts and commissions and the Company's estimated offering expenses.”