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Net proceeds from convertible notes offering

Company: TeraWulf

Subject kind
financing
Statement date
2025-10-30
Promised amount
999700000.0 USD
Current status
stated

The claim, verbatim

Net proceeds from the convertible notes offering were approximately $999.7 million after deducting initial purchasers' discounts, commissions, and offering expenses

Source (primary)

TeraWulf 8-K filed 2025-10-31 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The net proceeds from the sale of the notes were approximately $999.7 million after deducting the Initial Purchasers' discounts and commissions and estimated offering expenses payable by the Company.”

How we checked this

Attempted on September 16, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465925104928/tm2529894d1_8k.htm) in full (11,866 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 8-K filed 2025-10-31

Quote: “The net proceeds from the sale of the notes were approximately $999.7 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 ↗