Acquisition of Pioneer Critical Power Inc. intellectual property
Company: CleanSpark
The claim, verbatim
On January 22, 2019, the Company acquired certain intellectual property assets and client lists from Pioneer Critical Power, Inc., which became a wholly owned subsidiary.
Source (primary)
CleanSpark 10-Q filed 2021-05-06 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On January 22, 2019, CleanSpark entered into an agreement with Pioneer Critical Power, Inc., whereby it acquired certain intellectual property assets and client lists. As a result of the transaction, Pioneer Critical Power Inc. became a wholly owned subsidiary of the Company.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing describes the January 22, 2019 transaction with Pioneer Critical Power, the IP and client-list acquisition, and Pioneer becoming a wholly owned subsidiary.
Confirmed in the source:
- On January 22, 2019 CleanSpark entered into an agreement with Pioneer Critical Power, Inc.
- CleanSpark acquired certain intellectual property assets and client lists
- Pioneer Critical Power Inc. became a wholly owned subsidiary of the Company
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 January 22, 2019, CleanSpark entered into an agreement with Pioneer Critical Power, Inc., whereby it acquired certain intellectual property assets and client lists. As a result of the transaction, Pioneer Critical Power Inc. became a wholly owned subsidiary of the Company.”