secwatch.observer — SEC 8-K summary
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Issuer:     TERAWULF INC. (WULF)
CIK:        0001083301
Form:       8-K
Filed at:   2024-01-12T23:59:59+00:00
Accession:  0001083301-24-000022
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 1.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TeraWulf appoints two independent directors, amends Bitmain miner purchase agreement
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- Appointed Christopher Jarvis (cybersecurity, Lockheed Martin) and Amanda Fabiano (Bitcoin mining advisor, ex-Galaxy Digital) to board, effective Jan 12, 2024.
- Board now has ten directors, six independent; Jason New resigned as director.
- Entered Supplemental Agreement II with Bitmain: updated payment/delivery schedule for 15,138 S19j XP miners, plus option for 3,362 if payment obligations met.
- Supplemental Agreement II replaces Dec 26, 2023 agreement; miner purchase price unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083301/000108330124000022/0001083301-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083301/000108330124000022/wulf-20240108.htm
  HTML page:      https://secwatch.observer/filing/0001083301-24-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer