Common stock issuance at closing
Company: CleanSpark - Project: Sandersville
The claim, verbatim
CleanSpark will issue 1,590,175 shares of common stock valued at $6.5 million at closing.
Source (primary)
CleanSpark 8-K filed 2022-09-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “1,590,175 shares (the "Closing Shares") of common stock, par value $0.001 per share of the Company (the "Company Common Stock") (which have a value of $6.5 million based upon the volume weighted average price of the Common Stock over the five trading days immediately preceding the signing date of the Agreements)”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document specifies 1,590,175 closing shares valued at $6.5 million.
Confirmed in the source:
- CleanSpark will issue 1,590,175 shares of common stock at closing
- those closing shares have a value of $6.5 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000095017022018269/clsk-20220908.htm) in full (11,246 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2022-09-09
Quote: “1,590,175 shares (the "Closing Shares") of common stock, par value $0.001 per share of the Company (the "Company Common Stock") (which have a value of $6.5 million based upon the volume weighted average price of the Common Stock over the five trading days immediately preceding the signing date of the Agreements)”