IREN completes acquisition of Mirantis for ~12.6M shares plus ~$40M cash and equity

IREN Ltd

Consideration: ~12.6M ordinary shares (fixed at signing) plus ~$40M in cash, RSUs, and other consideration at closing.
Mirantis brings 1,500+ enterprise customers and is an inaugural partner of NVIDIA AI Cloud Ready Initiative.
Acquisition strengthens IREN's vertically integrated AI Cloud platform with software layer for workload orchestration and support.
Deal closed on August 3, 2026; registration rights granted for resale of up to 11,981,668 shares.
Mirantis' k0rdent AI platform will continue to be developed and supported for customers.

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