Use of net proceeds for capped call transactions
Company: IREN
The claim, verbatim
Company intends to use approximately $174.5 million of net proceeds to fund cost of entering into capped call transactions
Source (primary)
IREN 8-K filed 2026-05-12 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company intends to use approximately $174.5 million of the net proceeds to fund the cost of entering into the capped call transactions and the remainder of the net proceeds for general corporate purposes and working capital.”
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 intends to use approximately $174.5 million of the net proceeds to fund the cost of entering into the capped call transactions and the remainder of the net proceeds for general corporate purposes and working capital.”