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Settlement agreement for equipment financing default proceedings

Company: IREN

Subject kind
regulatory
Statement date
2025-08-27
Current status
stated

The claim, verbatim

Entered into settlement agreement to terminate and release all claims relating to legal proceedings involving certain wholly-owned subsidiaries that previously defaulted on limited recourse equipment financing agreements

Source (primary)

IREN 10-K filed 2025-08-28 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “We have entered into a settlement agreement to terminate and release all claims relating to legal proceedings involving certain of our wholly-owned subsidiaries that previously defaulted on limited recourse equipment financing agreements, noting there can be no assurance as to timing of the final termination of such proceedings.”

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 10-K filed 2025-08-28

Quote: “We have entered into a settlement agreement to terminate and release all claims relating to legal proceedings involving certain of our wholly-owned subsidiaries that previously defaulted on limited recourse equipment financing agreements, noting there can be no assurance as to timing of the final termination of such proceedings.”

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