NeoCapCompaniesValuationsScenariosMetrics
← IREN
Fri, Sep 23, 2022

Iris Energy enters $100 million equity purchase agreement with B. Riley

Key points

  • Ordinary Share Purchase Agreement entered into with B. Riley Principal Capital II, LLC
  • Right, but no obligation, to sell up to $100.0 million of ordinary shares over the term of the agreement
  • Timing and amount of any sales solely at the company's option