PPE joint venture agreement effective through end of 2020
Company: CleanSpark
What the later record shows
Outcome not yet confirmed
The August 2020 10-Q restates the agreement's December 31, 2020 term and the $660,000 contribution. No later passage reports the joint venture's outcome, any extension or any further capital contributions.
“The agreement is effective until December 31, 2020, unless otherwise extended by mutual consent.”
2020-08-03 · CleanSpark 10-Q filed 2020-08-04 View cached copy (2026-09-13)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Joint venture agreement for procuring and distributing personal protective equipment effective until December 31, 2020, with potential for additional capital contributions beyond initial $660,000
Source (primary)
CleanSpark 10-Q filed 2020-08-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “CleanSpark entered into an agreement with partners to procure, distribute and supply Personal Protective Equipment (PPE)... The agreement is effective until December 31, 2020, unless otherwise extended by mutual consent... with the potential for additional monies to be lent by the Company to the contractual joint venture, upon mutual consent if necessary”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
Note 5 and the MD&A state the PPE joint venture runs through December 31, 2020, record the initial $660,000 contribution, and mention possible additional funding by mutual consent. The filing describes that additional funding as monies 'lent' and as continued capital provision.
Confirmed in the source:
- CleanSpark entered into a joint venture agreement to procure, distribute and supply personal protective equipment
- The agreement is effective until December 31, 2020, unless extended by mutual consent
- CleanSpark contributed an initial $660,000 on April 6, 2020
- The agreement allows for the potential of additional monies from CleanSpark to the joint venture upon mutual consent
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357720000252/clsk10q.htm) in full (170,679 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-Q filed 2020-08-04
Quote: “CleanSpark entered into an agreement with partners to procure, distribute and supply Personal Protective Equipment (PPE)... The agreement is effective until December 31, 2020, unless otherwise extended by mutual consent... with the potential for additional monies to be lent by the Company to the contractual joint venture, upon mutual consent if necessary”