Get notified when IREN files again. Create a free account and we'll email you the moment its next filing is analyzed.

Get filing alerts

Red Flags Detected

  • Pfic Risk (new) — The company warns it may be classified as a passive foreign investment company, subjecting U.S. investors to adverse tax consequences.
  • Gst/hst Audit (new) — The company is under audit and appeal regarding Canadian GST/HST input tax credits, which could reduce recoverable credits and increase costs.
NASDAQ: IREN IREN Ltd 424B5

IREN Ltd files to sell up to $6 billion of ordinary shares in at-the-market offering

Filed March 4, 2026 · ~2 min read

Key Changes

  • high

    IREN Ltd, a Nasdaq-listed data center and digital asset company, has filed a prospectus supplement for an at-the-market offering of ordinary shares with an aggregate offering price of up to $6 billion.

    The Offering verify on EDGAR →
  • high

    The offering is primary, so all proceeds go to the company. IREN intends to use net proceeds for growth initiatives, including hardware purchases and data center development, and for working capital and general corporate purposes.

    Use of Proceeds verify on EDGAR →
  • medium

    The company had 332,280,383 ordinary shares outstanding as of January 30, 2026, and the last reported sale price was $38.85 per share on March 3, 2026.

    The Offering verify on EDGAR →

4 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

Read 3 full reports/month free No card required. Takes 30 seconds.

Want to see a complete report first? Today's free report (ORCL 10-Q) is open in full — no account needed.

Partner

Trade IREN commission-free

Open an account, get a free stock.

Sign up

Investing involves risk. Free stock terms apply.

Was this report useful?

Figures/quotes linked to EDGAR · Narrative written by AI · Sep 2, 2026 · How we verify