Mandatory conversion of Series A Convertible Preferred Stock to Common Stock
Company: TeraWulf
The claim, verbatim
All outstanding shares of Series A Convertible Preferred Stock will be converted into approximately 1.215 million shares of Common Stock, with an effective date of December 9, 2025.
Source (primary)
TeraWulf 8-K filed 2025-11-25 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company has established the effective date of the Mandatory Conversion as December 9, 2025 (the "Mandatory Conversion Date"), at which time all shares of Convertible Preferred Stock will be converted into approximately 1.215 million shares of Common Stock”
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 2025-11-25
Quote: “The Company has established the effective date of the Mandatory Conversion as December 9, 2025 (the "Mandatory Conversion Date"), at which time all shares of Convertible Preferred Stock will be converted into approximately 1.215 million shares of Common Stock”