2017 Incentive Plan authorized shares increased to 3,500,000
Company: CleanSpark
What the later record shows
Delivered; the record does not say when
Later proxies describe raising the 2017 Incentive Plan from an existing 3,500,000 shares, which shows the increase to 3,500,000 took effect. No passage says when.
“increase the number of shares authorized for issuance thereunder from 3,500,000 shares of Common Stock to 11,512,000 shares”
2023-01-22 · CleanSpark DEF 14A filed 2023-01-23 View cached copy (2026-09-13)Live source ↗
“increase the number of shares authorized for issuance under the 2017 Incentive Plan from 3,500,000 shares of common stock to 11,512,000 shares of common stock”
2024-01-25 · CleanSpark DEF 14A filed 2024-01-26 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The number of shares of common stock authorized for issuance under the 2017 Incentive Plan was increased from 1,500,000 shares to 3,500,000 shares.
Source (primary)
CleanSpark 8-K filed 2021-09-17 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “increase the number of shares of common stock authorized for issuance thereunder from 1,500,000 shares to 3,500,000 shares of common stock”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states that the 2017 Incentive Plan amendment raised authorized shares from 1,500,000 to 3,500,000. It also states that stockholders approved the amendment and that it took effect on September 17, 2021.
Confirmed in the source:
- CleanSpark stockholders approved an amendment to the 2017 Incentive Plan increasing the shares of common stock authorized for issuance under it from 1,500,000 to 3,500,000 (September 15, 2021).
- The 2017 Incentive Plan amendment became effective on September 17, 2021.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357721000508/clsk8k.htm) in full (9,929 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2021-09-17
Quote: “increase the number of shares of common stock authorized for issuance thereunder from 1,500,000 shares to 3,500,000 shares of common stock”
confirms CleanSpark DEF 14A filed 2024-01-26
Quote: “increase the number of shares authorized for issuance under the 2017 Incentive Plan from 3,500,000 shares of common stock to 11,512,000 shares of common stock”
confirms CleanSpark DEF 14A filed 2023-01-23
Quote: “increase the number of shares authorized for issuance thereunder from 3,500,000 shares of Common Stock to 11,512,000 shares”