Filing Details

Accession Number:
0001877476-23-000006
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-10-24 20:00:54
Reporting Period:
2023-07-12
Accepted Time:
2023-10-24 20:00:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1083301 Terawulf Inc. WULF Finance Services (6199) 871909475
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1877476 M. Nazar Khan 536 W. 29Th Street
New York NY 10001
Chief Operating Officer + Cto Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.001 Par Value Per Share Disposition 2023-07-12 1,778,048 $0.00 901,809 No 4 J Indirect By Yaqeen I Trust
Common Stock, $0.001 Par Value Per Share Acquisiton 2023-07-12 1,778,048 $0.00 9,387,913 No 4 J Direct
Common Stock, $0.001 Par Value Per Share Acquisiton 2023-10-20 513,484 $0.00 9,901,397 No 4 J Direct
Common Stock, $0.001 Par Value Per Share Disposition 2023-10-20 513,484 $0.00 9,387,913 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect By Yaqeen I Trust
No 4 J Direct
No 4 J Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, $0.001 Par Value Per Share Warrants Acquisiton 2023-10-20 1,622,926 $0.00 1,622,926 $0.01
Common Stock, $0.001 Par Value Per Share Warrants Disposition 2023-10-20 1,622,926 $0.00 1,622,926 $0.01
Common Stock, $0.001 Par Value Per Share Warrants Acquisiton 2023-10-20 1,622,926 $0.00 1,622,926 $0.01
Common Stock, $0.001 Par Value Per Share Warrants Acquisiton 2023-10-20 441,163 $0.00 441,163 $1.00
Common Stock, $0.001 Par Value Per Share Warrants Disposition 2023-10-20 441,163 $0.00 441,163 $1.00
Common Stock, $0.001 Par Value Per Share Warrants Acquisiton 2023-10-20 441,163 $0.00 441,163 $1.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,622,926 2024-04-01 2025-12-31 No 4 J Direct
0 2024-04-01 2025-12-31 No 4 J Direct
1,622,926 2024-04-01 2025-12-31 No 4 J Indirect
882,326 2024-04-01 2026-12-31 No 4 J Direct
0 2024-04-01 2026-12-31 No 4 J Direct
441,163 2024-04-01 2026-12-31 No 4 J Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.001 Par Value Per Share 4,019,787 Indirect By Various Trusts
Common Stock, $0.001 Par Value Per Share 7,034,982 Indirect By Lake Harriet Holdings LLC
Footnotes
  1. On July 12, 2023, Yaqeen I Trust transferred 1,778,048 shares of common stock, par value $0.001 per share ("Common Stock") of the Issuer to the Reporting Person for no consideration.
  2. By Yaqeen I Trust. The Reporting Person may be deemed to beneficially own the shares of Common Stock held by Yaqeen I Trust. The Reporting Person disclaims beneficial ownership of the Shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of the shares of Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of Common Stock for purposes of Section 16 of the Securities Exchange of 1934, as amended, or for any other purpose.
  3. By various trusts. The Reporting Person may be deemed to beneficially own the shares of Common Stock held by such trusts. The Reporting Person disclaims beneficial ownership of the shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of the shares of Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of Common Stock for purposes of Section 16 of the Securities Exchange of 1934, as amended, or for any other purpose.
  4. By Lake Harriet Holdings, LLC ("Lake Harriet Holdings"). The Reporting Person is the sole manager of Lake Harriet Holdings and, as a result, may be deemed to beneficially own the shares of Common Stock held by Lake Harriet Holdings. The Reporting Person disclaims beneficial ownership of the shares of Common Stock except to the extent of his pecuniary interest therein, and the inclusion of the shares of Common Stock in this report shall not be deemed an admission of beneficial ownership of all of the reported shares of Common Stock for purposes of Section 16 of the Securities Exchange of 1934, as amended, or for any other purpose.
  5. NovaWulf Digital Private Fund LLC distributed warrants and shares of Common Stock to its members, including the Reporting Person.
  6. Immediately following receipt of the distribution from NovaWulf Private Fund, the Reporting Person contributed 513,484 shares of Common Stock to Somerset Goods and Services Trust for no consideration.
  7. This transaction involved the Reporting Person's contribution of 1,622,926 penny warrants to Lake Harriet Holdings. The Reporting Person is the sole manager of Lake Harriet Holdings, and, as a result, may be deemed to beneficially own the penny warrants held by Lake Harriet Holdings. The Reporting Person disclaims beneficial ownership of such penny warrants except to the extent of his pecuniaryinterest therein, and the inclusion of such shares of common stock in this report shall not be deemed an admission of beneficial ownership of all of the reported penny warrants for purposes of Section 16 of the Exchange Act, or for any other purpose.
  8. This transaction involved the Reporting Person's contribution of 441,163 dollar warrants to Lake Harriet Holdings. The Reporting Person is the sole manager of Lake Harriet Holdings, and, as a result, may be deemed to beneficially own the penny warrants held by Lake Harriet Holdings. The Reporting Person disclaims beneficial ownership of such penny warrants except to the extent of his pecuniaryinterest therein, and the inclusion of such shares of common stock in this report shall not be deemed an admission of beneficial ownership of all of the reported penny warrants for purposes of Section 16 of the Exchange Act, or for any other purpose.