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News  ›  GlobeNewswire Inc.

TeraWulf Announces Mandatory Conversion Date for Series A Convertible Preferred Stock

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Terawulf Inc.
TeraWulf Announces Mandatory Conversion Date for Series A Convertible Preferred Stock

TeraWulf will convert all outstanding Series A Convertible Preferred Stock into common stock on December 9, 2025, after meeting specified stock price conditions. Each preferred share will convert to 141.9483 common shares, simplifying the company's capital structure.

Insights
WULF   positive

The company is proactively simplifying its capital structure, demonstrating financial discipline and preparing for future growth by converting preferred stock to common stock