The deal size was increased to $900M from $800M and priced below last closing price of $20.95. Morgan Stanley is acting as sole book running manager for the offering.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade WULFPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WULF:
- Closing Bell Movers: GitLab jumps 6% on Google partnership
- TeraWulf Announces Large Equity Offering and Credit Facility
- TeraWulf down 7% at $19.40 after Q1 pre-announcement, equity offering
- TeraWulf $800M Spot Secondary; price range $18.75-$19.75
- TeraWulf sees Q1 revenue $30M-$35M, consensus $39.17M