Key facts
- This page summarizes Bayshore Capital LLC's Form 3 filing for TERAWULF INC. (WULF).
- 0 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 23 Dec 2021, 15:05.
Key filing fact
Ownership activity is grounded in SEC Form 3 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
Additional SEC filing notes
Footnote F1
Received in connection with the agreement and plan of merger, dated as of June 24, 2021 (as amended, supplemented or otherwise modified prior to the date hereof), by and among TeraWulf Inc. (formerly known as Telluride Holdco, Inc.), a Delaware corporation ("TeraWulf"), IKONICS Corporation, a Minnesota corporation ("IKONICS"), Telluride Merger Sub I, Inc., a Minnesota corporation ("Merger Sub I"), Telluride Merger Sub II, Inc., a Delaware corporation ("Merger Sub II"), and TeraCub Inc. (formerly known as TeraWulf Inc.), a Delaware corporation ("TeraCub"), pursuant to which (i) Merger Sub I, a wholly-owned subsidiary of TeraWulf, which was a wholly-owned subsidiary of IKONICS, merged with and into IKONICS (the "First Merger"), with IKONICS surviving the First Merger as a wholly-owned subsidiary of TeraWulf, and (cont'd on FN 2)
Footnote F2
(cont'd from FN 1) (ii) Merger Sub II, a wholly-owned subsidiary of TeraWulf, merged with and into TeraCub (the "Second Merger"), with TeraCub surviving the Second Merger as a wholly-owned subsidiary of TeraWulf. Bayshore Capital LLC ("Bayshore") received the shares of common stock, $0.001 par value per share, of TeraWulf (the "Shares") as consideration for the Second Merger.
Footnote F3
The Shares are directly held by Bayshore. Mr. Bryan Pascual is the controlling member of Bayshore. Each of the Reporting Persons disclaims beneficial ownership of the Shares except to the extent of their respective pecuniary interest therein, and the inclusion of the Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Shares for purposes of Section 16 of the Securities Exchange of 1934, as amended, or for any other purpose.
SEC remarks
Exhibit 24.1 - Power of Attorney (Bayshore Capital LLC) \\ Exhibit 24.2 - Power of Attorney (Bryan Pascual)