GridFabric contingent stock consideration
Company: CleanSpark
The claim, verbatim
Additional shares valued up to $750,000 issuable to GridFabric sellers if company achieves certain revenue and product release milestones
Source (primary)
CleanSpark S-3 filed 2020-09-23 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Additional shares of the Company's common stock, valued at up to $750,000.00, will be issuable to Sellers if GridFabric achieves certain revenue and product release milestones related to the future performance of GridFabric.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states that up to $750,000 in additional shares will be issuable to the sellers if GridFabric meets certain revenue and product release milestones. The milestones concern GridFabric's performance, not CleanSpark's overall performance.
Confirmed in the source:
- Additional CleanSpark common shares valued at up to $750,000 are issuable to the GridFabric sellers
- Issuance depends on certain revenue and product release milestones tied to GridFabric's future performance
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: “Additional shares of the Company's common stock, valued at up to $750,000.00, will be issuable to Sellers if GridFabric achieves certain revenue and product release milestones related to the future performance of GridFabric.”