Optional Additional 2032 Convertible Notes
Company: IREN
The claim, verbatim
Initial purchasers have the option to purchase up to an additional $150 million aggregate principal amount of 2032 convertible senior notes
Source (primary)
IREN 424B5 filed 2025-12-01 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “plus up to an additional $150 million aggregate principal amount of 2032 notes that the initial purchasers of the concurrent offering have the options to purchase from us”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The filing states the initial purchasers of the Concurrent Offering have options to purchase up to an additional $150 million principal amount of 2032 notes, exercisable within 13 days of first issuance.
Confirmed in the source:
- The initial purchasers in IREN's concurrent convertible note offering have an option to purchase up to an additional $150 million aggregate principal amount of 2032 notes
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036125043802/ny20060080x1_424b5.htm) in full (258,246 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 424B5 filed 2025-12-01
Quote: “plus up to an additional $150 million aggregate principal amount of 2032 notes that the initial purchasers of the concurrent offering have the options to purchase from us”