Earn-out shares conditional on facility availability
Company: CleanSpark - Project: Sandersville
The claim, verbatim
Up to 1,100,890 earn-out shares payable based on co-location data center availability, with 100% available if facilities cleared by April 21, 2023 (195 days after closing)
Source (primary)
CleanSpark 8-K filed 2022-10-11 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “up to 1,100,890 shares of Company Common Stock (the "Earn-out Shares")... with 100% of the Earn-Out Shares being available with respect to Co-location MDCs that are emptied on or before the 195 th day after the Closing Date”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms CleanSpark 8-K filed 2022-10-11
Quote: “up to 1,100,890 shares of Company Common Stock (the "Earn-out Shares")... with 100% of the Earn-Out Shares being available with respect to Co-location MDCs that are emptied on or before the 195 th day after the Closing Date”