Use of Offering Proceeds
Company: IREN
The claim, verbatim
Currently intend to use net proceeds from offering to contribute to funding growth initiatives including hardware purchases and acquisition and development of data center sites and facilities, and for working capital and general corporate purposes
Source (primary)
IREN 424B5 filed 2026-03-04 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We currently intend to use the net proceeds from this offering, if any, to contribute to funding our growth initiatives (including, but not limited to, hardware purchases and acquisition and development of data center sites and facilities), and for working capital and general corporate purposes.”
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 424B5 filed 2026-03-04
Quote: “We currently intend to use the net proceeds from this offering, if any, to contribute to funding our growth initiatives (including, but not limited to, hardware purchases and acquisition and development of data center sites and facilities), and for working capital and general corporate purposes.”