Common stock offering
Company: TeraWulf
What the later record shows
Outcome not yet confirmed
No later passage confirms that the shares were delivered on April 16, 2026.
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
TeraWulf is offering 47.4 million shares of common stock at $19.00 per share, with total gross proceeds of $900.6 million and net proceeds of $878.1 million. Shares expected to be delivered April 16, 2026.
Source (primary)
TeraWulf 424B5 filed 2026-04-16 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “TeraWulf Inc. is offering 47,400,000 shares of its common stock...Public offering price...$ 19.00...Total $ 900,600,000...Proceeds before offering expenses, to us...$ 878,085,000...The underwriters expect to deliver the shares of Common Stock against payment in New York, New York on April 16, 2026.”
How we checked this
Checked on October 10, 2026. The cited source supports part of this claim, but not all of it.
The prospectus confirms the share count, price, gross proceeds and delivery date. However, $878.1 million is proceeds before about $5.5 million of offering expenses; the filing puts net proceeds at approximately $872.6 million.
Confirmed in the source:
- TeraWulf is offering 47,400,000 shares of common stock
- The public offering price is $19.00 per share
- Total gross proceeds are $900,600,000 (assuming no exercise of the underwriters' option)
- The shares are expected to be delivered against payment on April 16, 2026
- Proceeds to TeraWulf after underwriting discounts but before offering expenses are $878,085,000
We could not confirm this from the cited source:
- Net proceeds of the TeraWulf offering are $878.1 million (the prospectus labels $878.1 million as proceeds before offering expenses and estimates net proceeds at approximately $872.6 million)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465926044031/tm2611661-8_424b5.htm) in full (226,161 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2026-04-16
Quote: “TeraWulf Inc. is offering 47,400,000 shares of its common stock...Public offering price...$ 19.00...Total $ 900,600,000...Proceeds before offering expenses, to us...$ 878,085,000...The underwriters expect to deliver the shares of Common Stock against payment in New York, New York on April 16, 2026.”