Use of proceeds - capped call transactions
Company: IREN
The claim, verbatim
$48.9 million of net proceeds to be used for capped call transactions
Source (primary)
IREN 6-K filed 2025-06-11 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company intends to use $48.9 million of the net proceeds to fund the cost of entering into the capped call transactions”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states the company intends to use $48.9 million of the net proceeds to fund the cost of the capped call transactions.
Confirmed in the source:
- The company intends to use $48.9 million of the net proceeds
- That amount funds the cost of entering into capped call transactions
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1878848/000114036125022117/ef20050462_6k.htm) in full (4,496 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms IREN 6-K filed 2025-06-11
Quote: “The Company intends to use $48.9 million of the net proceeds to fund the cost of entering into the capped call transactions”