QualityStocksNewsBreaks – TeraWulf Inc. (NASDAQ: WULF) Completes $1 Billion Convertible Notes Offering Following Full Greenshoe Exercise
TeraWulf Inc. (NASDAQ: WULF), a vertically integrated, zero-carbon digital infrastructure operator, announced the initial purchasers of its 1.00% Convertible Senior Notes due 2031 fully exercised their option to buy an additional $150 million of notes, bringing the total offering to $1.0 billion. Net proceeds were about $975.2 million after expenses, with $100.6 million used to fund capped call transactions and the remainder allocated to data center expansion and general corporate purposes. Roth Capital Partners acted as co-manager for the offering. To view the full press release, visit https://ibn.fm/BZvkf About TeraWulf TeraWulf develops, owns, and operates environmentally sustainable, industrial-scale data center…
