Acquisition of CleanSpark, LLC
Company: CleanSpark
The claim, verbatim
On July 1, 2016, the Company entered into an Asset Purchase Agreement and acquired CleanSpark, LLC and all assets related to the Seller.
Source (primary)
CleanSpark 10-Q filed 2021-05-06 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On July 1, 2016, the Company entered into an Asset Purchase Agreement, as amended (the "Purchase Agreement"), with CleanSpark Holdings LLC, CleanSpark LLC, CleanSpark Technologies LLC, and Specialized Energy Solutions, Inc. (together, the "Seller"). Pursuant to the Purchase Agreement, the Company acquired CleanSpark, LLC and all the assets related to the Seller and its line of business.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The 10-Q's organization note states the July 1, 2016 Asset Purchase Agreement and the acquisition of CleanSpark, LLC and the Seller's related assets.
Confirmed in the source:
- On July 1, 2016 the Company entered into an Asset Purchase Agreement
- Under that agreement the Company acquired CleanSpark, LLC and all assets related to the Seller
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357721000230/clsk10q.htm) in full (168,615 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-Q filed 2021-05-06
Quote: “On July 1, 2016, the Company entered into an Asset Purchase Agreement, as amended (the "Purchase Agreement"), with CleanSpark Holdings LLC, CleanSpark LLC, CleanSpark Technologies LLC, and Specialized Energy Solutions, Inc. (together, the "Seller"). Pursuant to the Purchase Agreement, the Company acquired CleanSpark, LLC and all the assets related to the Seller and its line of business.”