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Notes offering expected closure

Company: TeraWulf - Project: Abernathy HPC Campus

Subject kind
financing
Statement date
2025-12-17
Promised by
2025-12-29
Current status
verified

What the later record shows

Delivered on time · happened December 29, 2025

The 10-K states that the JV completed its $1.3 billion 7.250% Senior Secured Notes offering on December 29, 2025, the expected closing date.

“On December 29, 2025, the Abernathy Joint Venture completed a private offering of 7.250% Senior Secured Notes due 2030 (the “JV Notes”).”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗

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

The senior secured notes offering is expected to close on December 29, 2025

Source (primary)

TeraWulf 8-K filed 2025-12-18 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The Offering is expected to close on December 29, 2025, subject to market and other conditions.”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

TeraWulf's 8-K states that Flash Compute's senior secured notes offering is expected to close on December 29, 2025, subject to market and other conditions.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465925122616/tm2533501d2_8k.htm) in full (5,283 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 8-K filed 2025-12-18

Quote: “The Offering is expected to close on December 29, 2025, subject to market and other conditions.”

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

confirms View 10-K PDF

Quote: “On December 29, 2025, the Abernathy Joint Venture completed a private offering of 7.250% Senior Secured Notes due 2030 (the “JV Notes”).”

View cached copy (2026-09-01)Live source ↗Archive.org ↗

Record of changes

September 2, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 3, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.