{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-24-002628","form_type":"8-K","ticker":"WULF","cik":"0001083301","company_name":"TERAWULF INC.","filed_at":"2024-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.607061+00:00","generated_at":"2026-05-30T10:19:53.698382+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TeraWulf prices $425M 2.75% convertible notes due 2030, repurchases $115M stock","bullets":["$425M aggregate principal amount of 2.75% Convertible Senior Notes due 2030; conversion premium 32.5% (initial conversion price ~$8.48/share based on $6.40 close).","Concurrent $115M repurchase of ~17.97M shares at $6.40 per share from note purchasers.","Capped call transactions with initial cap price $12.80/share (100% premium) to reduce dilution; net proceeds ~$414.9M ($488.1M if greenshoe exercised).","Proceeds: ~$51M for capped calls, $115M for repurchase, remainder for HPC infrastructure expansion and general corporate purposes.","Updated risk factors disclose SEC inquiry related to short seller allegations about electricity sources; Company cooperating."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-24-002628","json":"https://secwatch.observer/filing/0000950142-24-002628.json","markdown":"https://secwatch.observer/filing/0000950142-24-002628.md","text":"https://secwatch.observer/filing/0000950142-24-002628.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083301/000095014224002628/0000950142-24-002628-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083301/000095014224002628/eh240548495_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T10:19:53.698382+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}