Summary by Moomoo AI
On May 23, 2024, TeraWulf Inc., a Delaware-incorporated company listed on the Nasdaq Capital Market under the trading symbol WULF, announced the entry into Amendment No. 2 to a sales agreement with a consortium of financial services firms. This amendment allows TeraWulf to offer and sell up to $200 million worth of common stock through these agents. The agents, which include Cantor Fitzgerald & Co., ATB Capital Markets USA Inc., and others, will sell the shares on a commercially reasonable effort basis, as per the company's instructions. The company is not obligated to sell any shares and may terminate the agreement at any time. Sales will be conducted as 'at the market offerings' and TeraWulf will pay up to 3% commission on gross sales...Show More