{"schema_version":"secwatch.filing_event.v1","accession":"0001083301-25-000107","form_type":"8-K","ticker":"WULF","cik":"0001083301","company_name":"TERAWULF INC.","filed_at":"2025-11-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.750010+00:00","generated_at":"2026-05-16T16:46:09.109915+00:00","sec_items":["3.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"TeraWulf forces conversion of Series A Preferred into common; effective Dec 9, 2025","bullets":["Mandatory conversion of all Series A Convertible Preferred Stock into common on Dec 9, 2025; settlement Dec 11.","Conversion ratio: 141.9483 common shares per preferred share; ~1.215M new shares issued.","Outstanding common shares increase from ~419M to ~420M; preferred dividends cease after conversion date.","Trigger condition met: common stock price exceeded $13 (130% of $10 conversion price) on 5+ trading days Nov 4–24.","Holders may opt for early conversion before Dec 8 but forfeit accrued dividends."],"urls":{"canonical":"https://secwatch.observer/filing/0001083301-25-000107","json":"https://secwatch.observer/filing/0001083301-25-000107.json","markdown":"https://secwatch.observer/filing/0001083301-25-000107.md","text":"https://secwatch.observer/filing/0001083301-25-000107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083301/000108330125000107/0001083301-25-000107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083301/000108330125000107/wulf-20251125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T16:46:09.109915+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"}