Trinity Capital equipment financing ($35M)
Company: CleanSpark
The claim, verbatim
CleanSpark entered into a Master Equipment Financing Agreement with Trinity Capital Inc. providing for up to $35 million of borrowings to finance acquisition of blockchain computing equipment, with $20 million received at close and $15 million fundable upon request no later than December 31, 2022.
Source (primary)
CleanSpark 8-K filed 2022-04-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On April 22, 2022, CleanSpark, Inc. (the "Company") entered into a Master Equipment Financing Agreement with Trinity Capital Inc., as the Lender (the "Financing Agreement"). The Financing Agreement provides for up to $35 million of borrowings to finance the Company's acquisition of blockchain computing equipment and received a loan of $20 million at close, with the remaining $15 million fundable upon the Company's request no later than December 31, 2022, subject to certain customary conditions.”
How we checked this
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Additional evidence
confirms CleanSpark 8-K filed 2022-04-26
Quote: “On April 22, 2022, CleanSpark, Inc. (the "Company") entered into a Master Equipment Financing Agreement with Trinity Capital Inc., as the Lender (the "Financing Agreement"). The Financing Agreement provides for up to $35 million of borrowings to finance the Company's acquisition of blockchain computing equipment and received a loan of $20 million at close, with the remaining $15 million fundable upon the Company's request no later than December 31, 2022, subject to certain customary conditions.”