Warrant issuance to Google
Company: TeraWulf - Project: Akela Data
The claim, verbatim
TeraWulf issued Google warrants to purchase 41,011,803 shares of common stock for an exercise price of $0.01 per share in consideration for Google providing the backstop
Source (primary)
TeraWulf 8-K filed 2025-08-14 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company issued to Google warrants (the "Warrants") to purchase a total of 41,011,803 shares of the Company's common stock, par value $0.001 per share ("Common Stock"), for an exercise price of $0.01 per share of the Common Stock”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states that TeraWulf issued Google warrants for 41,011,803 shares at a $0.01 exercise price, in consideration for Google providing the backstop.
Confirmed in the source:
- TeraWulf issued warrants to Google
- The warrants cover a total of 41,011,803 shares of common stock
- The exercise price is $0.01 per share
- The warrants were issued in consideration for Google providing the backstop
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465925078084/tm2523008d2_8k.htm) in full (11,558 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2025-08-14
Quote: “the Company issued to Google warrants (the "Warrants") to purchase a total of 41,011,803 shares of the Company's common stock, par value $0.001 per share ("Common Stock"), for an exercise price of $0.01 per share of the Common Stock”