Net proceeds from convertible notes offering
Company: IREN
The claim, verbatim
Net proceeds of approximately $2.96 billion after deducting initial purchasers' discounts, commissions, and estimated offering expenses
Source (primary)
IREN 8-K filed 2026-05-14 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The net proceeds from the offering are approximately $2.96 billion after deducting the initial purchasers' discounts and commissions and the Company's estimated offering expenses.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
IREN's 8-K states directly that net proceeds from the offering were approximately $2.96 billion after deducting the initial purchasers' discounts and commissions and the company's estimated offering expenses.
Confirmed in the source:
- IREN's convertible notes offering produced net proceeds of approximately $2.96 billion
- The $2.96 billion net proceeds figure is after deducting the initial purchasers' discounts and commissions
- The $2.96 billion net proceeds figure is after deducting the Company's estimated offering expenses
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036126021285/ef20073507_8k.htm) in full (19,675 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 8-K filed 2026-05-14
Quote: “The net proceeds from the offering are approximately $2.96 billion after deducting the initial purchasers' discounts and commissions and the Company's estimated offering expenses.”
confirms iren 8-K exhibit (ef20073507_ex99-1.htm)
Quote: “The net proceeds from the offering are approximately $2.96 billion, after deducting the initial purchasers' discounts and commissions and IREN's estimated offering expenses.”