Pioneer Power warrant consideration
Company: CleanSpark
The claim, verbatim
5-year warrants issued to purchase 50,000 shares at $16.00 per share exercise price and 50,000 shares at $20.00 per share exercise price
Source (primary)
CleanSpark S-3 filed 2020-09-23 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “a 5-year warrant to purchase 50,000 shares of our common stock at an exercise price of $16.00 per share and a 5-year warrant to purchase 50,000 shares of our common stock at an exercise price of $20.00 per share”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing lists two 5-year warrants for 50,000 shares each, at $16.00 and $20.00, as part of what CleanSpark paid Pioneer Power for the acquisition.
Confirmed in the source:
- CleanSpark issued a 5-year warrant to Pioneer Power to purchase 50,000 common shares at an exercise price of $16.00 per share
- CleanSpark issued a 5-year warrant to Pioneer Power to purchase 50,000 common shares at an exercise price of $20.00 per share
- The warrants were part of the consideration for the Pioneer Critical Power acquisition
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357720000333/clsk_s3.htm) in full (116,058 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark S-3 filed 2020-09-23
Quote: “a 5-year warrant to purchase 50,000 shares of our common stock at an exercise price of $16.00 per share and a 5-year warrant to purchase 50,000 shares of our common stock at an exercise price of $20.00 per share”