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Allocation of offering proceeds for capped call transactions

Company: TeraWulf

Subject kind
financing
Statement date
2025-08-18
Promised amount
85.5 USD
Current status
stated

The claim, verbatim

Company intends to use approximately $85.5 million of net proceeds to pay costs of capped call transactions

Source (primary)

TeraWulf 8-K filed 2025-08-19 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The Company intends to use approximately $85.5 million of the net proceeds from the sale of the notes to pay the cost of certain capped call transactions”

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 TeraWulf 8-K filed 2025-08-19

Quote: “The Company intends to use approximately $85.5 million of the net proceeds from the sale of the notes to pay the cost of certain capped call transactions”

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