$500M at-the-market stock offering with H.C. Wainwright
Company: CleanSpark
The claim, verbatim
Entered at-the-market offering agreement with H.C. Wainwright to offer and sell up to $500 million in common stock, with Wainwright as sales agent earning 3% commission on gross proceeds
Source (primary)
CleanSpark 424B5 filed 2021-06-03 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “we may offer and sell shares of our common stock from time to time having an aggregate offering price of up to $500,000,000...Wainwright will be entitled to compensation at a fixed commission rate equal to 3.0% of the gross proceeds per share sold”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the ATM agreement with Wainwright for up to $500 million, Wainwright acting as sales agent, and the 3.0% gross-proceeds commission.
Confirmed in the source:
- CleanSpark entered an at-the-market offering agreement with H.C. Wainwright
- The agreement allows offering and selling up to $500,000,000 in common stock
- Wainwright acts as sales agent
- Wainwright earns a fixed 3.0% commission on gross proceeds per share sold
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000110465921076023/tm2118247-1_424b5.htm) in full (250,612 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 424B5 filed 2021-06-03
Quote: “we may offer and sell shares of our common stock from time to time having an aggregate offering price of up to $500,000,000...Wainwright will be entitled to compensation at a fixed commission rate equal to 3.0% of the gross proceeds per share sold”