Net proceeds from common stock offering
Company: CleanSpark
The claim, verbatim
Net proceeds from the offering estimated at approximately $37.0 million after deducting fees and estimated offering expenses.
Source (primary)
CleanSpark 424B5 filed 2020-10-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We estimate that the net proceeds from the Offering will be approximately $37.0 million, after deducting fees and estimated offering expenses payable by us.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The Offering summary and Use of Proceeds sections both estimate net proceeds of approximately $37.0 million after fees and offering expenses.
Confirmed in the source:
- Net proceeds from the offering were estimated at approximately $37.0 million
- That estimate is after deducting fees and estimated offering expenses
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357720000371/pro_supp.htm) in full (172,924 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 424B5 filed 2020-10-09
Quote: “We estimate that the net proceeds from the Offering will be approximately $37.0 million, after deducting fees and estimated offering expenses payable by us.”