TeraWulf Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$WULF
EDP Services
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 5, 2025
(Exact name of registrant as specified in its charter)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Securities registered pursuant to Section 12(b) of the Act:
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The | ||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Securities Holders.
On May 5, 2025, TeraWulf Inc. (“TeraWulf” or the “Company”) held its Annual Meeting of Shareholders. The results of the matters submitted to a shareholder vote at the Annual Meeting were as follows:
Proposal 1 - Election of Directors: Our shareholders elected the following nine directors to serve until the 2026 Annual Meeting or until a successor is duly elected and qualified. The voting results for each of the nominees were as follows:
| For | Withhold | Broker Non-Votes | ||||||||||||||||||
| Paul Prager | 151,766,724 | 2,334,529 | 94,858,561 | |||||||||||||||||
| Nazar Khan | 149,404,700 | 4,696,553 | 94,858,561 | |||||||||||||||||
| Kerri Langlais | 149,394,097 | 4,707,156 | 94,858,561 | |||||||||||||||||
| Michael Bucella | 152,362,476 | 1,738,777 | 94,858,561 | |||||||||||||||||
| Walter Carter | 152,370,758 | 1,730,495 | 94,858,561 | |||||||||||||||||
| Amanda Fabiano | 152,402,872 | 1,698,381 | 94,858,561 | |||||||||||||||||
| Catherine Motz | 152,257,037 | 1,844,216 | 94,858,561 | |||||||||||||||||
| Steven Pincus | 145,673,466 | 8,427,787 | 94,858,561 | |||||||||||||||||
| Lisa Prager | 139,079,484 | 15,021,769 | 94,858,561 | |||||||||||||||||
Proposal 2 - Non-binding, Advisory Vote on Executive Compensation: Our shareholders approved the 2024 compensation of TeraWulf’s named executives. The voting results were as follows:
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 113,214,631 | 40,150,413 | 736,209 | 94,858,561 | |||||||||||||||||
Proposal 3 - Ratification of appointment of Deloitte & Touche LLP (“Deloitte”) as TeraWulf’s Independent Registered Public Accounting Firm for 2025: Our shareholders ratified the selection of Deloitte as our independent registered public accounting firm for 2025. The voting results were as follows:
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 246,403,186 | 1,546,562 | 1,010,066 | 0 | |||||||||||||||||
Proposal 4 - Approval of Amendment to the 2021 Omnibus Incentive Plan to increase the number of available shares thereunder: Our shareholders approved the amendment to our 2021 Omnibus Incentive Plan. The voting results were as follows:
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 133,481,258 | 19,700,540 | 919,455 | 94,858,561 | |||||||||||||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| TERAWULF INC. | |||||
| By: | /s/ Stefanie C. Fleischmann | ||||
| Name: | Stefanie C. Fleischmann | ||||
| Title: | Chief Legal Officer and Corporate Secretary | ||||
Dated: May 7, 2025