TeraWulf amends Bitmain miner deal for 18,500 S19j XP units; director New resigns

TERAWULF INC.

TeraLease supplemental agreement with Bitmain covers up to 18,500 S19j XP miners.
Updated payment and delivery schedule; all miners expected at Lake Mariner by Feb 1, 2024.
Director Jason G. New resigns effective Dec 31, 2023 to join Lazard as Vice Chairman.
Underlying miner purchase price unchanged from July 2023 agreement.

item 1.01 item 5.02 item 9.01

Executive movements

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Departed

Jason G. New

director

WULF · TERAWULF INC.

Effective: 2023-12-31
Filed: January 2, 2024, 6:59 PM ET

On December 29, 2023, Mr. Jason G. New notified TeraWulf of his resignation from his position as a member of the Company’s board of directors and all of its committees, effective December 31, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Jason G. New resigned as director at TERAWULF INC..

Action: resigned
Role: director

Exact text from the filing

On December 29, 2023, Mr. Jason G. New notified TeraWulf of his resignation from his position as a member of the Company’s board of directors and all of its committees, effective December 31, 2023.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TERAWULF INC. amended Supplemental Agreement with Bitmain Technologies Delaware Limited (effective 2023-12-26).

Action: amendment
Agreement: supply
Counterparty: Bitmain Technologies Delaware Limited
Effective: 2023-12-26

Exact text from the filing

On December 26, 2023, TeraLease LLC (“ TeraLease ”), a subsidiary of TeraWulf Inc. (“ TeraWulf ” or the “ Company ”) entered into a supplemental agreement (the “ Supplemental Agreement ”) with Bitmain Technologies Delaware Limited (“ Bitmain ”).

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269 material agreements filed in the last 30 days. Browse all material agreements →

TERAWULF INC. filing history →

Source: SEC EDGAR

accession 0001083301-24-000003

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