Item 1.01 Entry into a Material Definitive Agreement On March 23, 2023, TeraWulf (Thales) LLC (“TeraWulf Member”) entered into a second amended and restated limited liability company agreement (the “Second A&R Talen Joint Venture Agreement”) with Cumulus Coin LLC (“Cumulus Member” and, together with TeraWulf Member, each a “Member” and collectively the “Members”), an affiliate of Talen Energy Corporation, pursuant to which the parties agreed to modify their existing arrangement regarding the operation of Nautilus Cryptomine LLC (“Nautilus”) and the Nautilus Cryptomine facility effective February 1, 2023. Under the Second A&R Talen Joint Venture Agreement, TeraWulf Member will hold a 25% (…)
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