Underwriter option for additional convertible notes
Company: TeraWulf
The claim, verbatim
Initial purchasers granted option to purchase up to $150 million additional aggregate principal amount of convertible notes within 13 days of first issuance
Source (primary)
TeraWulf 8-K filed 2025-08-19 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company also granted to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $150 million aggregate principal amount of the notes.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing says the company gave the initial purchasers an option to buy up to $150 million more of the notes within a 13-day period starting on the first issuance date.
Confirmed in the source:
- TeraWulf granted the initial purchasers an option to buy additional notes
- The option covers up to an additional $150 million aggregate principal amount of the notes
- The option runs for a 13-day period beginning on, and including, the date the notes are first issued
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465925079960/tm2523651d4_8k.htm) in full (6,163 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2025-08-19
Quote: “The Company also granted to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $150 million aggregate principal amount of the notes.”