Source-grounded facts extracted from TERAWULF INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
TERAWULF INC. entered into Voting and Support Agreement with certain of the Company’s shareholders (effective 2023-01-30).
“the Company entered into a Voting and Support Agreement, dated January 30, 2023, with certain of the Company’s shareholders (the “Voting and Support Agreement”).”
TERAWULF INC. entered into Underwriting Agreement with JonesTrading Institutional Services LLC, as representative of the several underwriters valued at approximately $25 million (effective 2023-02-01).
“On February 1, 2023, TeraWulf Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with JonesTrading Institutional Services LLC, as representative of the several underwriters (the “Underwriters”), relating to an underwritten offering of 36,764,706 shares (the “Company Shares”) of its $0.001 par value common stock (the “Offering”).”
TERAWULF INC. amended convertible notes of approximately $3.4 million at 4% maturing April 1, 2025.
“negotiated transactions as part of a private placement exempt from registration under the Securities Act of 1933, as amended, in an aggregate principal amount of approximately $3.4 million. The Convertible Notes have a maturity date of April 1, 2025 and accrue annual interest at a rate of 4%. On December 12, 2022, the Convertible Notes were amended (the “Amended”
TERAWULF INC. amended Convertible Notes with certain accredited investors (effective 2022-12-12).
“On December 12, 2022, the Convertible Notes were amended (the “Amended Convertible Notes”) to provide that they are automatically convertible on March 1, 2023 (the “Conversion Date”), at a conversion price equal to the lowest price per share paid by investors purchasing equity securities in any issuance and sale of equity securities by the Company between the issuance date of the Amended Convertible Notes and their Conversion Date with an aggregate gross sales price of not less than $5 million, subject to certain exclusions set forth in the Amended Convertible Notes (a “Conversion Financing”), into shares of the equity securities sold by the Company in such Conversion Financing.”
TERAWULF INC. entered into Subscription Agreements with certain accredited and institutional investors valued at aggregate purchase price of $6.74 million (effective 2022-12-12).
“On December 12, 2022, TeraWulf Inc. (the “Company”) entered into subscription agreements with certain accredited and institutional investors (each, a “Purchaser” and collectively, the “Purchasers”) in privately negotiated transactions (the “Subscription Agreements”) pursuant to which the Company issued (i) 16,850,000 shares of common stock, par value $0.001 per share (the “Common Stock”) as part of a registered direct offering (the “Registered Direct Offering”), at a purchase price of $.40 per share of Common Stock, for an aggregate purchase price of $6.74 million before deducting any fees and other expenses”
TERAWULF INC. entered into Agreement with Bitmain Development PTE. Ltd. valued at $22.4 million (effective 2022-12-08).
“On December 8, 2022, Lake Mariner Data LLC (“Lake Mariner”), a subsidiary of TeraWulf Inc. (the “Company”) entered into a future sales and purchase agreement (the “Agreement”) with Bitmain Development PTE. Ltd. (“Bitmain”). The Agreement provides that Lake Mariner will receive 14,000 S19j Pro miners from Bitmain for delivery in Q1 2023 for a total purchase price of $22.4 million, which the Company will pay for using its remaining unused deposits with Bitmain at no additional cost to the Company.”
TERAWULF INC. reported November 2022 results: revenue $2.4. Guidance reaffirmed.
“Key Metrics Q3 2022 October 2022 November 2022 Bitcoin (Self-Mined) 117 119 134 Self-Mining Revenue ($M) $2.4 $2.3 $2.4 Hosting Revenue ($M) $1.4 $0.9 $0.7 Power Cost ($M) $4.8 $2.0 $1.4 Avg. Operating Hash Rate (EH/s) 0.7 1.6 1.9 Revenue per Bitcoin $20,657 $19,646 $17,617 Power Cost per Bitcoin $20,732 $11,060 $6,151”
TERAWULF INC. incurred convertible notes of $3.4 million at 4% maturing April 1, 2025.
“the Company issued convertible promissory notes (the “Convertible Notes”) to certain accredited investors in privately negotiated transactions as part of a private placement exempt from registration under the Securities Act of 1933, as amended, in an aggregate principal amount of approximately $3.4 million.”
TERAWULF INC. amended convertible notes of $6 million with YA II PN, Ltd. at 4% maturing December 23, 2022.
“the maturity date to December 23, 2022. Concurrent with the amendment, the Company repaid a further $3 million of principal, reducing the total principal amount outstanding to $6 million. The November payment was funded by insiders and Company management contributing approximately $3.4 million to the Company in the form of convertible promissory notes, which will”
TERAWULF INC. entered into Convertible Notes with certain accredited investors valued at approximately $3.4 million.
“the Company issued convertible promissory notes (the “Convertible Notes”) to certain accredited investors in privately negotiated transactions as part of a private placement exempt from registration under the Securities Act of 1933, as amended, in an aggregate principal amount of approximately $3.4 million.”
TERAWULF INC. amended Second A&R Advance with YA II PN, Ltd. (Yorkville) (effective 2022-11-25).
“On November 25, 2022, the Company entered into a letter agreement with Yorkville pursuant to which it agreed to further amend and restate the Advance in its entirety by issuing a second amended and restated convertible promissory note to Yorkville (the “Second A&R Advance”) which, among other things, extended the Maturity Date to December 23, 2022.”
TERAWULF INC. reported the fiscal quarter ended September 30, 2022 results: revenue $3.9 million. Guidance reaffirmed.
“Generated revenue of $3.9 million and produced 117 self-mined Bitcoin during the three-month period ended September 30, 2022.”
TERAWULF INC. amended convertible notes with YA II PN, Ltd. (Yorkville).
“On October 25, 2022, the Company entered into a letter agreement with Yorkville pursuant to which it agreed to amend and restate the Advance in its entirety. On October 25, 2022, the Company issued an amended and restated convertible promissory note to Yorkville which, among other things, grants Yorkville the right to extend the Maturity Date from November 25 to December 23, 2022 upon advance notice to the Company, and changes the Conversion Price from $3.75 to $1.26 per share of Common Stock.”
Kerri Langlais was appointed as Director at TERAWULF INC..
“On March 4, 2022, TeraWulf Inc. (the “Company”) appointed Michael Bucella and Kerri Langlais to its board of directors (the “Board”).”
Michael Bucella was appointed as Director at TERAWULF INC..
“On March 4, 2022, TeraWulf Inc. (the “Company”) appointed Michael Bucella and Kerri Langlais to its board of directors (the “Board”).”
Kerri M. Langlais was appointed as Chief Strategy Officer at TERAWULF INC..
“(iv) Ms. Kerri M. Langlais to serve as the Chief Strategy Officer”
Kenneth J. Deane was appointed as Chief Financial Officer and Treasurer at TERAWULF INC..
“(ii) Mr. Kenneth J. Deane to serve as the Chief Financial Officer and Treasurer”
Lisa A. Prager was appointed as Director at TERAWULF INC..
“each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.”
Steven T. Pincus was appointed as Director at TERAWULF INC..
“each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.”
Jason G. New was appointed as Director at TERAWULF INC..
“each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.”
Catherine J. Motz was appointed as Director at TERAWULF INC..
“each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.”
Walter E. Carter was appointed as Director at TERAWULF INC..
“each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.”
Nazar M. Khan was appointed as Chief Operating Officer and Chief Technology Officer at TERAWULF INC..
“(iii) Mr. Nazar M. Khan to serve as the Chief Operating Officer and the Chief Technology Officer”
Nazar M. Khan was appointed as Director at TERAWULF INC..
“each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.”
Paul B. Prager was appointed as Chief Executive Officer at TERAWULF INC..
“(i) Mr. Paul B. Prager to serve as the Chief Executive Officer”
Paul B. Prager was appointed as Chair of the Board at TERAWULF INC..
“Mr. Paul B. Prager was appointed as the chair of the board of directors of TeraWulf.”
Paul B. Prager was appointed as Director at TERAWULF INC..
“each of Mr. Paul B. Prager, Mr. Nazar M. Khan, Mr. Walter E. Carter, Ms. Catherine J. Motz, Mr. Jason G. New, Mr. Steven T. Pincus and Ms. Lisa A. Prager were appointed to serve as directors on the board of directors of TeraWulf.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.