InfraCompute / Deals
Hut 8: Convertible notes
Convertible notes for Hut 8, US$150m, 24 June 2024.
Key terms
- Borrower or issuer
- Hut 8
- Date
- 24 June 2024
- Structure
- Convertible notes
- Amount
- US$150m
- Pricing
- 8%
- Tenor
- 5 years (extendable 3 x 1 year)
Recorded terms
- Lender type
- Bonds and securitisationsStructure: convertible
- Tenor
- 5 years (extendable 3 x 1 year)
- Security
- unsecured
- Lenders and arrangers
- Coatue
Parties
Similar financings
Same structure, other borrowers, closest in date.
More from Hut 8
Filed documents and legal terms
The documents behind this financing that are filed on SEC EDGAR, with the governing law each states. Read any document in full before relying on it; filers may redact commercial terms.
- Filed documents
- 1
- Governing law
- New York law
- Quoted in the clause and contract libraries
- 0
This Note shall be construed and enforced in accordance with, and all questions concerning the construction, validity, interpretation and performance of this Note shall be governed by, the internal laws of the State of New York, without giving effect to any choice of law or conflict of law provision or rule (whether of the State of New York or an
From the Convertible Note Purchase Agreement (EX-10.1), filed with the SEC.
| Filed document | Dated | Governing law | In InfraCompute |
|---|---|---|---|
| Convertible Note Purchase Agreement (EX-10.1) | 24 June 2024 | New York law | – |
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Sources
- Hut8 Convertible Note Purchase Agreement 8-KSource date: 24 June 2024
- Hut8 Q2 2026 ResultsSource date: 4 August 2026
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
