News Detail

TeraWulf closes 54,510,000-share offering priced at $19 per share

PUBT · 22h ago

Listen to the news

TeraWulf closes 54,510,000-share offering priced at $19 per share

TeraWulf closed a public offering of 54,510,000 common shares at USD 19 per share.
Underwriters fully exercised an option for an additional 7,110,000 shares.
Net proceeds earmarked for construction of planned Hawesville, Kentucky data center campus.
Funds also targeted for full repayment of amounts outstanding under bridge credit facility.
Remaining proceeds to support future site acquisitions, general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terawulf Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604161605PRIMZONEFULLFEED9691461) on April 16, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.

What's Trending

No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.