Iris Energy Limited Announces Pricing of Initial Public Offering

Iris Energy Limited (“Iris Energy”) announced today the pricing of its initial public offering of 8,269,231 ordinary shares (“Ordinary Shares”), at a public offering price of $28.00 per share. The underwriters of the offering will also have a 30-day option to purchase up to an additional 1,240,384 Ordinary Shares from the Company at the initial public offering price. J.P. Morgan, Canaccord Genuity and Citigroup are acting as lead book-running managers for the proposed offering. Macquarie Capital, CLSA, Cowen and Cantor Fitzgerald are acting as book-running managers. Compass Point is acting as co-manager for the proposed offering and Galaxy Digital Partners LLC is acting as digital asset advisor.