Operating capital needs and financing timeline
Company: CleanSpark
The claim, verbatim
Current financing expected to carry company through 2021; company needs to generate $4,000,000 to $6,000,000 annually in revenue cash flows to support operations, or will need similar additional financing in 2022.
Source (primary)
CleanSpark 424B5 filed 2020-07-22 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “While this financing is expected to carry us through 2021, we need to generate cashflows from revenues totaling $4,000,000 to $6,000,000 to support our current operations or we may need a similar amount in additional financing in 2022.”
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 424B5 filed 2020-07-22
Quote: “While this financing is expected to carry us through 2021, we need to generate cashflows from revenues totaling $4,000,000 to $6,000,000 to support our current operations or we may need a similar amount in additional financing in 2022.”