Bayshore Capital LLC - 13 Dec 2021 Form 3 Insider Report for TERAWULF INC. (WULF)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
3
Accepted by SEC
23 Dec 2021, 15:05:28 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kenneth J. Deane, as attorney-in-fact for Bayshore Capital LLC

Key filing fact

Bayshore Capital LLC filed Form 3 for TERAWULF INC. (WULF) on 23 Dec 2021.

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.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

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Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WULF holding

Common stock, $0.001 par value per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
17,722,432
Date
13 Dec 2021
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

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)

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