Iris Energy Limited (IREN), a leading owner and operator of data centers powered by renewable energy, has announced the availability of up to $500,000,000 in ordinary shares under a sales agreement with B. Riley Securities, Inc. and other sales agents. This offering is supplemental to a previous $500 million registration, of which approximately $363.35 million has already been sold as of May 12, 2024. The shares may be sold through various methods including underwriters, dealers, or directly to purchasers. The sales agents, acting as underwriters, are entitled to a commission of up to 3.0% of gross sales. The offering will be made under a prospectus supplement filed with the U.S. Securities and Exchange Commission (SEC), detailing the terms of the offering and the use of proceeds, which may include funding growth initiatives, hardware purchases, and development of data center sites and facilities.

Iris Energy Limited (IREN), a leading owner and operator of data centers powered by renewable energy, has announced the availability of up to $500,000,000 in ordinary shares under a sales agreement with B. Riley Securities, Inc. and other sales agents. This offering is supplemental to a previous $500 million registration, of which approximately $363.35 million has already been sold as of May 12, 2024. The shares may be sold through various methods including underwriters, dealers, or directly to purchasers. The sales agents, acting as underwriters, are entitled to a commission of up to 3.0% of gross sales. The offering will be made under a prospectus supplement filed with the U.S. Securities and Exchange Commission (SEC), detailing the terms of the offering and the use of proceeds, which may include funding growth initiatives, hardware purchases, and development of data center sites and facilities.