{"schema_version":"secwatch.filing_event.v1","accession":"0001083301-25-000041","form_type":"8-K","ticker":"WULF","cik":"0001083301","company_name":"TERAWULF INC.","filed_at":"2025-05-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.451636+00:00","generated_at":"2026-05-20T09:59:23.582560+00:00","sec_items":["1.01","1.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"TeraWulf acquires Beowulf E&D for ~$52.4M, eliminates related-party structure","bullets":["Total consideration ~$52.4M: $3M cash + 5M shares at close; up to $19M cash + $13M stock in earnouts.","Acquisition simplifies corporate structure, eliminates related-party relationship; 94 employees transition to TeraWulf.","New 35-year lease for 162.7 acres in Somerset, NY for crypto mining and HPC data center operations.","Company reaffirms 2025 cost guidance: SG&A $40-45M, operating expenses $20-25M.","Transaction approved by independent committee with fairness opinion from Piper Sandler."],"urls":{"canonical":"https://secwatch.observer/filing/0001083301-25-000041","json":"https://secwatch.observer/filing/0001083301-25-000041.json","markdown":"https://secwatch.observer/filing/0001083301-25-000041.md","text":"https://secwatch.observer/filing/0001083301-25-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083301/000108330125000041/0001083301-25-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083301/000108330125000041/wulf-20250521.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T09:59:23.582560+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"}