4//SEC Filing
Revolve Capital LLC 4
Accession 0001225208-22-004906
CIK 0001083301other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 5:12 PM ET
Size
6.2 KB
Accession
0001225208-22-004906
Insider Transaction Report
Form 4
TERAWULF INC.WULF
Revolve Capital LLC
10% Owner
Transactions
- Purchase
Series A Convertible Preferred Stock
2022-03-16$1000.00/sh+2,500$2,500,000→ 2,500 total→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]Each holder of shares of the Issuer's Series A Convertible Preferred Stock (the "Preferred Stock") has the right, at its option and at any time, to convert all or a portion of the shares of Preferred Stock that it holds into a number of shares of Common Stock equal to the quotient obtained by dividing (i) the sum of (x) the Liquidation Preference (as defined in the Certificate of Designations governing the Preferred Stock (the "Certificate"), initially $1,000) and (y) an amount equal to accumulated and unpaid Regular Dividends (as defined in the Certificate) on such share of Preferred Stock, by (ii) the Conversion Price (as defined in the Certificate) in effect at such time, subject to customary antidilution adjustments, including in the event of any stock split, stock dividend, recapitalization or similar events. As of the date of the event requiring the filing of this report, 2,500 shares of Preferred Stock reported on this report are convertible into 250,000 shares of Common Stock.
- [F2]The Preferred Stock does not expire.
Documents
Issuer
TERAWULF INC.
CIK 0001083301
Entity typeother
IncorporatedPR
Related Parties
1- filerCIK 0001885427
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 5:12 PM ET
- Size
- 6.2 KB