Wed, Dec 3, 2025
IREN prices offering of 39.7 million ordinary shares to fund convertible notes repurchase
Key points
- Registered direct offering priced: 39,699,102 ordinary shares at $41.12/share (~$1.63 billion gross)
- Proceeds fund the concurrent repurchase of a portion of the 3.25% notes due 2030 and 3.50% notes due 2029
- Offering expected to close December 8, 2025