GridFabric contingent earn-out shares
Company: CleanSpark
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
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing says earn-out shares valued at up to $750,000 will be issuable to the seller if GridFabric hits certain revenue and product release milestones.
Confirmed in the source:
- Additional CleanSpark shares valued at up to $750,000 may be issued to the seller
- Issuance depends on GridFabric achieving certain revenue and product release milestones
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357720000306/clsk8_k.htm) in full (8,831 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
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”