IREN Ltd. Files 8-K: Routine Update
Ticker: IREN · Form: 8-K · Filed: Oct 7, 2025 · CIK: 1878848
| Field | Detail |
|---|---|
| Company | Iren Ltd (IREN) |
| Form Type | 8-K |
| Filed Date | Oct 7, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $875 million, $125 million, $1.0 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, routine-filing, crypto
TL;DR
IREN Ltd. filed a routine 8-K on Oct 7, 2025. No major news.
AI Summary
IREN Ltd. (formerly Iris Energy Ltd.) filed an 8-K on October 7, 2025, reporting "Other Events" and "Financial Statements and Exhibits." The company, incorporated in Australia and headquartered in Sydney, operates in Finance Services, specifically within crypto assets. This filing does not disclose specific financial figures or material events beyond its routine reporting nature.
Why It Matters
This 8-K filing from IREN Ltd. serves as a standard disclosure, indicating no immediate material changes or significant events requiring immediate public announcement beyond routine reporting.
Risk Assessment
Risk Level: low — The filing is a standard 8-K report with no disclosed material events, indicating low immediate risk from this specific filing.
Key Players & Entities
- IREN Ltd (company) — Registrant
- Iris Energy Ltd (company) — Former company name
- October 7, 2025 (date) — Filing date
- Sydney, NSW 2000 Australia (location) — Principal Executive Offices
FAQ
What is the primary business of IREN Ltd. as indicated by the SIC code?
The Standard Industrial Classification (SIC) code provided is 6199, which corresponds to Finance Services, with a specific note indicating operations in 'Crypto Assets'.
When did IREN Ltd. change its name from Iris Energy Ltd?
The date of the name change from Iris Energy Ltd. to IREN Limited was October 22, 2021.
What is the principal executive office address for IREN Ltd.?
The principal executive offices are located at Level 6, 55 Market Street, Sydney, NSW 2000 Australia.
What is the filing date of this 8-K report?
The report was filed on October 7, 2025.
What items are being reported in this 8-K filing?
This 8-K filing reports under 'Other Events' and 'Financial Statements and Exhibits'.
Filing Stats: 740 words · 3 min read · ~2 pages · Grade level 12.2 · Accepted 2025-10-07 16:16:14
Key Financial Figures
- $875 million — ouncing that it launched an offering of $875 million aggregate principal amount of new senio
- $125 million — s are first issued, up to an additional $125 million aggregate principal amount of the Conve
- $1.0 billion — enerating an aggregate of approximately $1.0 billion. 2. As of September 30, 2025, the Co
Filing Documents
- ef20056749_8k.htm (8-K) — 28KB
- ef20056749_ex99-1.htm (EX-99.1) — 29KB
- image00001.jpg (GRAPHIC) — 5KB
- image00002.jpg (GRAPHIC) — 5KB
- image00003.jpg (GRAPHIC) — 5KB
- 0001140361-25-037488.txt ( ) — 210KB
- iren-20251007.xsd (EX-101.SCH) — 4KB
- iren-20251007_lab.xml (EX-101.LAB) — 21KB
- iren-20251007_pre.xml (EX-101.PRE) — 16KB
- ef20056749_8k_htm.xml (XML) — 4KB
01
Item 8.01 Other Events Convertible Notes Offering On October 7, 2025, the Company issued a press release announcing that it launched an offering of $875 million aggregate principal amount of new senior convertible notes due 2031 (the "Convertible Notes"). The Convertible Notes are proposed to be sold to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Company also expects to grant to the initial purchasers of the Convertible Notes an option to purchase, within a 13-day period beginning on, and including, the date on which the Convertible Notes are first issued, up to an additional $125 million aggregate principal amount of the Convertible Notes. The Company expects to use a portion of the net proceeds from the offering to fund the cost of entering into the capped call transactions and the remainder of the net proceeds for general corporate purposes and working capital. A copy of the press release is attached hereto as Exhibit 99.1, which is incorporated herein by reference. At-the-Market and Cash Balance Update On October 7, 2025, the Company provided the following information to prospective investors in the offering described above: 1. As of October 7, 2025, the Company had issued 66,707,732 shares pursuant to its at-the-market offering under the registration statement on Form S-3 (File No. 333-284369) at varying prices generating an aggregate of approximately $1.0 billion. 2. As of September 30, 2025, the Company's cash balance was approximately $1.0 billion. This Current Report on Form 8-K and the press release attached hereto as Exhibit 99.1 do not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer, solicitation or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Convertible Notes will not be registered under the Sec
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits No. Description 99.1 Press release of IREN Limited announcing the Convertible Notes offering, dated October 7, 2025. 104 Cover page of this Current Report on Form 8-K formatted in Inline XBRL.
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: October 7, 2025 By: /s/ Daniel Roberts Daniel Roberts Co-Chief Executive Officer and Director