Beowulf acquisition earnout milestones
Company: TeraWulf
The claim, verbatim
Up to $19 million in cash and up to $13 million worth of Common Stock will be paid upon achievement of earnout milestones related to data center business and project financing
Source (primary)
TeraWulf 8-K filed 2025-05-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “up to $19 million in cash and up to $13 million worth of Common Stock of the Company, to be paid and issued upon the achievement of several earnout milestones related to TeraWulf's data center business and its project financing therefor”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing describes the cash and stock earnout amounts. It ties both to milestones related to the data center business and its project financing.
Confirmed in the source:
- Up to $19 million in cash is payable upon achievement of earnout milestones
- Up to $13 million worth of Common Stock is issuable upon achievement of earnout milestones
- The earnout milestones relate to TeraWulf's data center business and its project financing
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330125000041/wulf-20250521.htm) in full (16,667 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2025-05-27
Quote: “up to $19 million in cash and up to $13 million worth of Common Stock of the Company, to be paid and issued upon the achievement of several earnout milestones related to TeraWulf's data center business and its project financing therefor”