{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-101866","form_type":"8-K","ticker":"WULF","cik":"0001083301","company_name":"TERAWULF INC.","filed_at":"2025-10-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.748532+00:00","generated_at":"2026-05-17T02:25:37.316845+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"TeraWulf subsidiary issues $3.2B of 7.750% senior secured notes due 2030 for data center expansion","bullets":["Aggregate principal amount of notes issued is $3.2 billion at 100% of par.","Notes bear interest at 7.750% per year, payable semiannually; mature October 15, 2030.","Net proceeds will finance data center expansion at Lake Mariner campus in Barker, New York.","TeraWulf provides a completion guarantee for the data center expansion.","Notes issued by WULF Compute LLC, wholly-owned subsidiary of TeraWulf Inc."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-101866","json":"https://secwatch.observer/filing/0001104659-25-101866.json","markdown":"https://secwatch.observer/filing/0001104659-25-101866.md","text":"https://secwatch.observer/filing/0001104659-25-101866.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083301/000110465925101866/0001104659-25-101866-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083301/000110465925101866/tm2529300d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:25:37.316845+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":[{"claim_id":"002850fb2186f0f3426703db0ba500a1f0d4bc68","claim":"TERAWULF INC. incurred senior notes of $3.2 billion with Morgan Stanley & Co. LLC at 7.750% per year maturing October 15, 2030.","evidence_excerpt":"institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of notes sold in the offering was $3.2 billion. The notes were issued at a price equal to 100% of their principal amount. WULF Compute intends to use the net proceeds from the offering to finance a portion of its data center","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1083301/000110465925101866/0001104659-25-101866-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$3.2 billion"},{"label":"Counterparty","value":"Morgan Stanley & Co. LLC"},{"label":"Rate","value":"7.750% per year"},{"label":"Maturity","value":"October 15, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}