jain.com

GridFabric contingent earn-out shares

Company: CleanSpark

Subject kind
acquisition
Statement date
2020-08-31
Promised amount
750000.0 USD
Current status
stated

The claim, verbatim

Additional shares valued at up to $750,000 will be issued to seller if GridFabric achieves certain revenue and product release milestones

Source (primary)

CleanSpark 8-K filed 2020-09-01 (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 Seller if GridFabric achieves certain revenue and product release milestones related to the future performance of GridFabric”

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: “additional shares of the Company's common stock, valued at up to $750,000.00, will be issuable to Seller if GridFabric achieves certain revenue and product release milestones related to the future performance of GridFabric”

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