CleanSpark, Inc. Files 8-K on Director Changes and Compensation
Ticker: CLSKW · Form: 8-K · Filed: Oct 3, 2024 · CIK: 827876
| Field | Detail |
|---|---|
| Company | Cleanspark, Inc. (CLSKW) |
| Form Type | 8-K |
| Filed Date | Oct 3, 2024 |
| Risk Level | low |
| Pages | 9 |
| Reading Time | 10 min |
| Key Dollar Amounts | $0.001, $300,000, $9.15, $8.79 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
TL;DR
CLEANSPARK FILES 8-K: BOARD CHANGES & EXECUTIVE PAY DETAILS OUT.
AI Summary
On October 1, 2024, CleanSpark, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes information regarding the election of new directors and the appointment of certain officers, along with details on their compensatory arrangements. This report is a routine update on corporate governance and executive compensation.
Why It Matters
This filing provides insight into the company's leadership structure and executive pay, which can influence investor confidence and strategic direction.
Risk Assessment
Risk Level: low — This is a standard corporate filing regarding board composition and executive compensation, not indicating immediate financial distress or significant operational shifts.
Key Players & Entities
- CleanSpark, Inc. (company) — Registrant
- Nevada (jurisdiction) — State of Incorporation
- October 01, 2024 (date) — Date of earliest event reported
FAQ
What specific changes were made to CleanSpark, Inc.'s board of directors?
The filing indicates changes in the board of directors, including the election of new directors, but the specific names and details of their election are not provided in the excerpt.
What information is provided regarding the appointment of certain officers?
The filing states that there were appointments of certain officers, and details regarding their compensatory arrangements are included.
What is the primary purpose of this 8-K filing for CleanSpark, Inc.?
The primary purpose is to report on the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on October 01, 2024.
What is CleanSpark, Inc.'s fiscal year end?
CleanSpark, Inc.'s fiscal year ends on September 30.
Filing Stats: 2,556 words · 10 min read · ~9 pages · Grade level 13.3 · Accepted 2024-10-03 08:48:43
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share CLSK The Nasdaq Stock Mar
- $300,000 — t provides for an annual base salary of $300,000, payable according to the Company's nor
- $9.15 — mmon stock on the grant date, which was $9.15 per share. Notably, this per share valu
- $8.79 — mmon stock on the grant date, which was $8.79. As a result, the number of 2025 LTIP R
Filing Documents
- clsk-20241001.htm (8-K) — 170KB
- clsk-ex10_1.htm (EX-10.1) — 110KB
- 0000950170-24-112014.txt ( ) — 418KB
- clsk-20241001.xsd (EX-101.SCH) — 24KB
- clsk-20241001_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Employment Agreement by and between CleanSpark, Inc. and Brian Carson, dated October 1, 2024. 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: October 3, 2024 By: /s/ Leighton Koehler Name: Leighton Koehler Title: General Counsel