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-0.00315955766192726 -0.00315955766192726 0 0.00552922590837285 0.0134281200631911 0.0165876777251186 0.0165876777251186 -0.00473933649289089
Stock impact report

TeraWulf Announces Mandatory Conversion Date for Series A Convertible Preferred Stock

TeraWulf Inc. (WULF) 
Company Research Source: GlobeNewswire
EASTON, Md., Nov. 25, 2025 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), announced today that it has exercised its right to cause the mandatory conversion of all outstanding shares of its Series A Convertible Preferred Stock (CUSIP Number 88080T 203; ISIN Number US88080T2033; the “Convertible Preferred Stock”) pursuant to and in accordance with the Certificate of Designations, filed by the Company with the Secretary of State of the State of Delaware on March 16, 2022 (the “Certificate of Designations”). Under Section 10(c) of the Certificate of Designations, the Company has the option to convert all outstanding shares of Convertible Preferred Stock into shares of TeraWulf common stock, par value $0.001 per share (the “Common Stock”), given that on at least five (5) trading days (whether or not consecutive) from November 4, 2025 through November 24, 2025, the Last Reported Sale Price (as defined in the Certificate of Designations) per share of TeraWu Show less Read more
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