Net proceeds from convertible notes offering
Company: TeraWulf
The claim, verbatim
Net proceeds from sale of convertible notes were approximately $828.7 million after deducting discounts, commissions, and offering expenses
Source (primary)
TeraWulf 8-K filed 2025-08-20 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The net proceeds from the sale of the notes were approximately $828.7 million after deducting the Initial Purchasers' discounts and commissions and estimated offering expenses payable by the Company.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states net proceeds of approximately $828.7 million after deducting discounts, commissions and estimated offering expenses.
Confirmed in the source:
- Net proceeds from the sale of the notes were approximately $828.7 million
- That figure is after deducting initial purchasers' discounts and commissions and estimated offering expenses
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465925080911/tm2523651d5_8k.htm) in full (13,029 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2025-08-20
Quote: “The net proceeds from the sale of the notes were approximately $828.7 million after deducting the Initial Purchasers' discounts and commissions and estimated offering expenses payable by the Company.”