# IREN Ltd (IREN) — merger [completed]
Source: SEC API (secapi.ai) · situation sit_3e330a4af9e71cb7d233 · retrieved 2026-08-11T15:54:00.527Z

## Overview
IREN Limited is a vertically integrated AI Cloud provider delivering large-scale data centers and compute for AI training and inference, underpinned by an expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC.

IREN Limited completed its acquisition of Mirantis, Inc. on August 3, 2026, pursuant to an Agreement and Plan of Merger dated May 4, 2026. The consideration consisted of approximately 12.6 million ordinary shares (fixed at signing), plus cash, restricted stock units, and other consideration totaling approximately $40 million as of closing. The acquisition was structured to strengthen IREN's vertically integrated AI Cloud platform by adding Mirantis' cloud software and services capabilities, including the k0rdent AI platform. IREN filed a prospectus supplement on August 4, 2026, covering the resale of up to 11,981,668 ordinary shares by certain selling shareholders to satisfy registration rights granted in connection with the merger.

## Terms
- Counterparty: Mirantis, Inc. · Consideration: mixed

## Key dates
- Completed 2026-08-03

## Timeline
- 2026-08-04 · 8-K (0001140361-26-031053): 8-K - IREN Ltd — *IREN Limited is a vertically integrated AI Cloud provider delivering large-scale data centers and compute for AI training and inference, underpinned by an expansive portfolio of grid-connected land and power in renewable-rich regions across North America, Europe and APAC.* IREN Limited completed its acquisition of Mirantis, Inc. on August 3, 2026, pursuant to an Agreement and Plan of Merger dated May 4, 2026. The consideration consisted of approximately 12.6 million ordinary shares (fixed at signing), plus cash, restricted stock units, and other consideration totaling approximately $40 million as of closing. The acquisition was structured to strengthen IREN's vertically integrated AI Cloud platform by adding Mirantis' cloud software and services capabilities, including the k0rdent AI platform. IREN filed a prospectus supplement on August 4, 2026, covering the resale of up to 11,981,668 ordinary shares by certain selling shareholders to satisfy registration rights granted in connection with the merger.
  https://www.sec.gov/Archives/edgar/data/1878848/0001140361-26-031053.txt

## Citations
- 0001140361-26-031053 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126031053