secwatch / observer

8-K12B filed December 13, 2021, 6:59 PM ET ticker WULF CIK 0001083301

M&A confidence high sentiment neutral materiality 0.85

TeraWulf completes merger with IKONICS; stock to trade as WULF on Nasdaq starting Dec 14

TERAWULF INC.

Merger closed Dec 13; IKONICS shareholders receive 1 WULF share + 1 CVR + $5 cash per share.
TeraWulf assumes $123.5M senior secured term loan at 11.5%, maturing Dec 1, 2024.
Post-merger shares outstanding: ~99.98M; stock begins trading under ticker WULF on Nasdaq Dec 14.
New board appointed: Paul Prager (CEO), Nazar Khan (COO/CTO), Kenneth Deane (CFO), Kerri Langlais (CSO) plus directors.
Loan from NovaWulf Digital Master Fund; CEO and COO/CTO are minority investors in lender.

item 1.01 item 2.01 item 2.03 item 3.01 item 3.03 item 5.01 item 5.02 item 5.03 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Lisa A. Prager

Director

WULF · TERAWULF INC.

Effective: 2021-12-13
Filed: December 13, 2021, 6:59 PM ET

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

Appointed

Paul B. Prager

Director

WULF · TERAWULF INC.

Effective: 2021-12-13
Filed: December 13, 2021, 6:59 PM ET

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

Appointed

Kenneth J. Deane

Chief Financial Officer and Treasurer

WULF · TERAWULF INC.

Effective: 2021-12-13
Filed: December 13, 2021, 6:59 PM ET

(ii) Mr. Kenneth J. Deane to serve as the Chief Financial Officer and Treasurer

Appointed

Paul B. Prager

Chair of the Board

WULF · TERAWULF INC.

Effective: 2021-12-13
Filed: December 13, 2021, 6:59 PM ET

Mr. Paul B. Prager was appointed as the chair of the board of directors of TeraWulf.

Appointed

Catherine J. Motz

Director

WULF · TERAWULF INC.

Effective: 2021-12-13
Filed: December 13, 2021, 6:59 PM ET

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

Appointed

Nazar M. Khan

Director

WULF · TERAWULF INC.

Effective: 2021-12-13
Filed: December 13, 2021, 6:59 PM ET

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

Appointed

Paul B. Prager

Chief Executive Officer

WULF · TERAWULF INC.

Effective: 2021-12-13
Filed: December 13, 2021, 6:59 PM ET

(i) Mr. Paul B. Prager to serve as the Chief Executive Officer

Appointed

Walter E. Carter

Director

WULF · TERAWULF INC.

Effective: 2021-12-13
Filed: December 13, 2021, 6:59 PM ET

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

Appointed

Steven T. Pincus

Director

WULF · TERAWULF INC.

Effective: 2021-12-13
Filed: December 13, 2021, 6:59 PM ET

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

Appointed

Kerri M. Langlais

Chief Strategy Officer

WULF · TERAWULF INC.

Effective: 2021-12-13
Filed: December 13, 2021, 6:59 PM ET

(iv) Ms. Kerri M. Langlais to serve as the Chief Strategy Officer

Appointed

Nazar M. Khan

Chief Operating Officer and Chief Technology Officer

WULF · TERAWULF INC.

Effective: 2021-12-13
Filed: December 13, 2021, 6:59 PM ET

(iii) Mr. Nazar M. Khan to serve as the Chief Operating Officer and the Chief Technology Officer

Appointed

Jason G. New

Director

WULF · TERAWULF INC.

Effective: 2021-12-13
Filed: December 13, 2021, 6:59 PM ET

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lisa A. Prager was appointed as Director at TERAWULF INC..

Action: appointed
Role: Director

Exact text from the filing

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul B. Prager was appointed as Director at TERAWULF INC..

Action: appointed
Role: Director

Exact text from the filing

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth J. Deane was appointed as Chief Financial Officer and Treasurer at TERAWULF INC..

Action: appointed
Role: Chief Financial Officer and Treasurer

Exact text from the filing

(ii) Mr. Kenneth J. Deane to serve as the Chief Financial Officer and Treasurer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul B. Prager was appointed as Chair of the Board at TERAWULF INC..

Action: appointed
Role: Chair of the Board

Exact text from the filing

Mr. Paul B. Prager was appointed as the chair of the board of directors of TeraWulf.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Catherine J. Motz was appointed as Director at TERAWULF INC..

Action: appointed
Role: Director

Exact text from the filing

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nazar M. Khan was appointed as Director at TERAWULF INC..

Action: appointed
Role: Director

Exact text from the filing

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul B. Prager was appointed as Chief Executive Officer at TERAWULF INC..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

(i) Mr. Paul B. Prager to serve as the Chief Executive Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Walter E. Carter was appointed as Director at TERAWULF INC..

Action: appointed
Role: Director

Exact text from the filing

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven T. Pincus was appointed as Director at TERAWULF INC..

Action: appointed
Role: Director

Exact text from the filing

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kerri M. Langlais was appointed as Chief Strategy Officer at TERAWULF INC..

Action: appointed
Role: Chief Strategy Officer

Exact text from the filing

(iv) Ms. Kerri M. Langlais to serve as the Chief Strategy Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nazar M. Khan was appointed as Chief Operating Officer and Chief Technology Officer at TERAWULF INC..

Action: appointed
Role: Chief Operating Officer and Chief Technology Officer

Exact text from the filing

(iii) Mr. Nazar M. Khan to serve as the Chief Operating Officer and the Chief Technology Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jason G. New was appointed as Director at TERAWULF INC..

Action: appointed
Role: Director

Exact text from the filing

each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.

View on SEC.gov

TERAWULF INC. filing history →

Source: SEC EDGAR

accession 0000950142-21-003986

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