CleanSpark, Inc. Files 8-K with Key Corporate Updates
Ticker: CLSKW · Form: 8-K · Filed: Aug 30, 2024 · CIK: 827876
| Field | Detail |
|---|---|
| Company | Cleanspark, Inc. (CLSKW) |
| Form Type | 8-K |
| Filed Date | Aug 30, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.001, $1,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-action, equity-sale, filing
TL;DR
CleanSpark filed an 8-K detailing material agreements, equity sales, and corporate changes.
AI Summary
On August 28, 2024, CleanSpark, Inc. entered into a Material Definitive Agreement, the specifics of which are detailed in the filing. The company also reported on unregistered sales of equity securities and material modifications to the rights of security holders. Additionally, amendments to its articles of incorporation or bylaws and a change in fiscal year were noted, along with the filing of financial statements and exhibits.
Why It Matters
This 8-K filing indicates significant corporate actions by CleanSpark, Inc., including potential changes in its capital structure and governance, which could impact investors and its operational direction.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements, unregistered equity sales, and modifications to security holder rights, which can introduce financial and operational risks.
Key Players & Entities
- CleanSpark, Inc. (company) — Registrant
- August 28, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of Incorporation
- 001-39187 (identifier) — Commission File Number
- 87-0449945 (identifier) — IRS Number
FAQ
What is the nature of the Material Definitive Agreement entered into by CleanSpark, Inc. on August 28, 2024?
The filing indicates the entry into a Material Definitive Agreement, but the specific details are contained within the document and its exhibits, which are not fully described in the provided text.
What type of equity securities were sold unregistered by CleanSpark, Inc.?
The filing mentions unregistered sales of equity securities, but the specific type and details of these sales are not provided in the summary text.
Were there any changes to CleanSpark, Inc.'s bylaws or articles of incorporation?
Yes, the filing indicates that there were amendments to the articles of incorporation or bylaws of CleanSpark, Inc.
Did CleanSpark, Inc. change its fiscal year?
Yes, the filing explicitly states that there was a change in fiscal year for CleanSpark, Inc.
What is the primary business of CleanSpark, Inc. according to its SIC code?
CleanSpark, Inc. is classified under the Standard Industrial Classification code 6199, which falls under Finance Services.
Filing Stats: 1,666 words · 7 min read · ~6 pages · Grade level 13.6 · Accepted 2024-08-30 17:13:01
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share CLSK The Nasdaq Stock Mar
- $1,000 — aser for an aggregate purchase price of $1,000. The sale closed on August 30, 2024. Th
Filing Documents
- d890188d8k.htm (8-K) — 37KB
- d890188dex31.htm (EX-3.1) — 32KB
- d890188dex32.htm (EX-3.2) — 2KB
- d890188dex101.htm (EX-10.1) — 34KB
- g890188g0830092559101.jpg (GRAPHIC) — 4KB
- 0001193125-24-211220.txt ( ) — 253KB
- clsk-20240828.xsd (EX-101.SCH) — 3KB
- clsk-20240828_lab.xml (EX-101.LAB) — 18KB
- clsk-20240828_pre.xml (EX-101.PRE) — 11KB
- d890188d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Certificate of Designation of Series X Preferred Stock 3.2 First Amendment to First Amended and Restated Bylaws of CleanSpark, Inc. 10.1 Subscription and Investment Representation Agreement, dated August 30, 2024, by and between CleanSpark, Inc. and Thomas L. Wood 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CLEANSPARK, INC. Date: August 30, 2024 By: /s/ Gary Vecchiarelli Gary Vecchiarelli, Chief Financial Officer