IREN Limited Enters New Sales Agreement
Ticker: IREN · Form: 6-K · Filed: Jan 21, 2025 · CIK: 1878848
| Field | Detail |
|---|---|
| Company | Iren Ltd (IREN) |
| Form Type | 6-K |
| Filed Date | Jan 21, 2025 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $1,000,000,000, $993 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: sales-agreement, disclosure, company-update
TL;DR
IREN Ltd just signed a new sales agreement on Jan 21, 2025.
AI Summary
On January 21, 2025, IREN Limited entered into a new sales agreement. The company, formerly known as Iris Energy Ltd, is a finance services company based in Sydney, Australia, with a fiscal year end of June 30.
Why It Matters
This filing indicates a new commercial arrangement for IREN Limited, which could impact its revenue streams and operational strategy.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a new sales agreement and does not contain information suggesting immediate financial distress or significant operational changes.
Key Players & Entities
- IREN Limited (company) — Registrant
- Iris Energy Ltd (company) — Former company name
- January 21, 2025 (date) — Date of sales agreement
- 001-41072 (other) — SEC File Number
FAQ
What is the nature of the new sales agreement entered into by IREN Limited?
The filing states that IREN Limited entered into a new sales agreement on January 21, 2025, but does not provide specific details about the agreement's terms or purpose.
When was IREN Limited previously known as Iris Energy Ltd?
IREN Limited was formerly known as Iris Energy Ltd, with a date of name change on October 22, 2021.
What is the principal executive office address for IREN Limited?
The principal executive office of IREN Limited is located at Level 6, 55 Market Street, Sydney, NSW 2000, Australia.
Does IREN Limited file its annual reports under Form 20-F or Form 40-F?
IREN Limited indicates that it files its annual reports under cover of Form 20-F.
What is the SIC code for IREN Limited?
The Standard Industrial Classification (SIC) code for IREN Limited is 6199, which falls under Finance Services.
Filing Stats: 1,333 words · 5 min read · ~4 pages · Grade level 13.7 · Accepted 2025-01-21 09:21:10
Key Financial Figures
- $1,000,000,000 — ursuant to the Sales Agreement of up to $1,000,000,000 (such Ordinary Shares, the "ATM Shares"
- $993 million — reement for aggregate gross proceeds of $993 million pursuant to (i) its registration statem
Filing Documents
- ny20037451x2_6k.htm (6-K) — 21KB
- ny20037451x2_ex99-1.htm (EX-99.1) — 50KB
- ny20037451x2_ex99-1hd.jpg (GRAPHIC) — 7KB
- ny20037451x2_ex99-1img1a.jpg (GRAPHIC) — 26KB
- ny20037451x2_ex99-1img2.jpg (GRAPHIC) — 2528KB
- ny20037451x2_ex99-1img3.jpg (GRAPHIC) — 55KB
- 0001140361-25-001477.txt ( ) — 3676KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. IREN Limited Date: January 21, 2025 By: /s/ Daniel Roberts Daniel Roberts Co-Chief Executive Officer and Director