---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-004132"
form_type: "8-K"
ticker: "WULF"
cik: "0001083301"
company_name: "TERAWULF INC."
filed_at: "2023-03-17T23:59:59+00:00"
generated_at: "2026-06-17T23:27:12.401082+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TeraWulf receives Nasdaq deficiency notice for bid price below $1.00

## Summary
- Closing bid price of common stock below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until September 13, 2023, to regain compliance.
- To regain compliance, bid price must close at $1.00 or higher for 10 consecutive business days.
- Common stock continues trading on Nasdaq Capital Market under symbol WULF.
- Company may consider alternatives but cannot assure compliance.

## SEC filing metadata
- accession: 0001558370-23-004132
- form_type: 8-K
- ticker: WULF
- cik: 0001083301
- company_name: TERAWULF INC.
- filed_at: 2023-03-17T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083301/000155837023004132/0001558370-23-004132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083301/000155837023004132/wulf-20230317x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-004132
- JSON: https://secwatch.observer/filing/0001558370-23-004132.json
- Plain text: https://secwatch.observer/filing/0001558370-23-004132.txt

## Key facts
- Listing & Compliance Notices
  TERAWULF INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: March 17, 2023, TeraWulf Inc. (the “Company”) received a letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon the closing bid price of the Company’s common stock, par value $0.001 per share, (the “Common Stock”) for the last 30 consecutive business days, the Common Stock did not meet the minimum bid price of $1.00 per share required by Nasdaq Listing Rule 5550(a)(2), initiating an automatic 180 calendar-day grace period for the Company to regain compliance. ​ The notice has no immediate effect on the li
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083301/000155837023004132/0001558370-23-004132-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.