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Net proceeds from convertible notes offering

Company: TeraWulf

Subject kind
financing
Statement date
2025-08-21
Promised amount
975.2 USD millions
Current status
stated

The claim, verbatim

Net proceeds from the sale of the notes were approximately $975.2 million after deducting Initial Purchasers' discounts, commissions, and offering expenses

Source (primary)

TeraWulf 8-K filed 2025-08-22 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “Net proceeds from the sale of the notes (inclusive of the Additional Notes issued pursuant to the full exercise of the option) were approximately $975.2 million after deducting the Initial Purchasers' discounts and commissions and estimated offering expenses payable by the Company.”

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: “Net proceeds from the sale of the notes (inclusive of the Additional Notes issued pursuant to the full exercise of the option) were approximately $975.2 million after deducting the Initial Purchasers' discounts and commissions and estimated offering expenses payable by the Company.”

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