jain.com

Acquisition of p2klabs, Inc.

Company: CleanSpark

Subject kind
acquisition
Statement date
2021-05-05
Current status
stated

The claim, verbatim

On January 31, 2020, the Company purchased all issued and outstanding shares of p2klabs, 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 31, 2020, the Company entered into a Stock Purchase Agreement with p2klabs, Inc ("p2k"), and its sole stockholder, whereby the Company purchased all of the issued and outstanding shares of p2k from its sole stockholder. As a result of the transaction, p2k 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 states the January 31, 2020 stock purchase of all p2klabs shares and that p2k became a wholly owned subsidiary.

Confirmed in the source:

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 31, 2020, the Company entered into a Stock Purchase Agreement with p2klabs, Inc ("p2k"), and its sole stockholder, whereby the Company purchased all of the issued and outstanding shares of p2k from its sole stockholder. As a result of the transaction, p2k became a wholly owned subsidiary of the Company.”

View cached copy (2026-09-13)Live source ↗