TeraWulf在Ikonics SPAC交易完成前筹集债务股权融资

05:02 PM EST, 12/02/2021 (MT Newswires) -- TeraWulf, which expects to become a Nasdaq-listed firm via its merger with IKONICS Corp. (IKNX), said late Thursday it has raised about $200 million in debt and equity financing from institutional and individual investors.

As part of the financing, TeraWulf signed up for a $123.5 million three-year senior secured term loan and issued to the lenders its common shares, according to a company statement.

TeraWulf also entered into agreements with investors to purchase $76.5 million of its common stock in a private placement.

The company, whose merger with IKONICS is expected to complete Dec. 13, said the additional capital will enable it to achieve 6 exahash per second, or 200 megawatts, of mining capacity by H2 2022.