Beneath the restructuring signed on Jan. 27, amortization of the time period mortgage might be changed with a free money circulate sweep mechanism by April 2024, in accordance with a Wednesday press launch. TeraWulf will even be capable of prolong the maturity date of its time period time period mortgage to April of 2024, so long as it manages to lift an undisclosed “requisite quantity of fairness proceeds by March 15, 2023.”
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