Acquisition of GridFabric, LLC
Company: CleanSpark
The claim, verbatim
On August 31, 2020, the Company purchased all issued and outstanding membership units of GridFabric, LLC, 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 August 31, 2020, the Company entered into a Membership Interest Purchase Agreement with GridFabric, LLC, ("GridFabric"), and its sole member, whereby the Company purchased all of the issued and outstanding membership units of GridFabric from its sole member. As a result of the transaction, GridFabric a wholly owned subsidiary of the Company.”
How we checked this
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Additional evidence
confirms CleanSpark 10-Q filed 2021-05-06
Quote: “On August 31, 2020, the Company entered into a Membership Interest Purchase Agreement with GridFabric, LLC, ("GridFabric"), and its sole member, whereby the Company purchased all of the issued and outstanding membership units of GridFabric from its sole member. As a result of the transaction, GridFabric a wholly owned subsidiary of the Company.”