Capped call transaction funding from offering proceeds
Company: TeraWulf
The claim, verbatim
Company used $100.6 million of net proceeds to fund capped call transactions
Source (primary)
TeraWulf 8-K filed 2025-08-22 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company used $100.6 million of the net proceeds to fund the cost of the capped call transactions (inclusive of the Additional Capped Call Transactions) with the remaining net proceeds allocated to the Company's data center expansion and for 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 TeraWulf 8-K filed 2025-08-22
Quote: “The Company used $100.6 million of the net proceeds to fund the cost of the capped call transactions (inclusive of the Additional Capped Call Transactions) with the remaining net proceeds allocated to the Company's data center expansion and for general corporate purposes.”