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Beowulf acquisition earnout milestones

Company: TeraWulf

Subject kind
acquisition
Statement date
2025-05-26
Promised amount
32.0 million USD
Current status
stated

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)
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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

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 2025-05-27

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”

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