EASTON, Md., Aug. 18, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (âTeraWulfâ or the âCompanyâ), a leading owner and operator of vertically integrated, predominantly zero-carbon digital infrastructure, today announced that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of convertible senior notes due 2031 (the âConvertible Notesâ) in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the âSecurities Actâ).
Related Questions
What effect will the $400âŻmillion convertible note issuance have on TeraWulfâs dilution and shortâterm stock price?
What are the conversion terms (price, ratio, maturity) and how do they compare to the current market valuation and expected future earnings?
How does this private offering compare to recent financing activities of peers in the zeroâcarbon digital infrastructure space, and what does it signal about TeraWulfâs growth and credit outlook?