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Acquisition of GridFabric LLC

Company: CleanSpark

Subject kind
acquisition
Statement date
2020-08-31
Promised amount
1400000.0 USD
Current status
stated

The claim, verbatim

CleanSpark acquired GridFabric, an OpenADR software solutions provider, for an aggregate purchase price of up to $1,400,000 in cash and stock

Source (primary)

CleanSpark 8-K filed 2020-09-01 (SEC EDGAR, sec_filing)
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Quote: “entered into a Membership Interest Purchase Agreement (the "Agreement") with GridFabric, LLC, a Wisconsin limited liability company ("GridFabric"), and its sole member, Dupont Hale Holdings, LLC ("Seller"), whereby the Company purchased all of the issued and outstanding membership units of GridFabric from the Seller (the "Transaction") in exchange for an aggregate purchase price of cash and stock of up to $1,400,000.00”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms CleanSpark 8-K filed 2020-09-01

Quote: “entered into a Membership Interest Purchase Agreement (the "Agreement") with GridFabric, LLC, a Wisconsin limited liability company ("GridFabric"), and its sole member, Dupont Hale Holdings, LLC ("Seller"), whereby the Company purchased all of the issued and outstanding membership units of GridFabric from the Seller (the "Transaction") in exchange for an aggregate purchase price of cash and stock of up to $1,400,000.00”

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