Pioneer Critical Power intellectual property and customer list acquisition
Company: CleanSpark
What the later record shows
Not a promise: a reported event · happened January 22, 2019
The claim reports a completed acquisition, the same January 22, 2019 Pioneer Critical Power deal. The share and warrant figures are restated for a later share consolidation, and a later 10-Q confirms the deal.
“On January 22, 2019, CleanSpark entered into an agreement with Pioneer Critical Power, Inc., whereby it acquired certain intellectual property assets and client lists.”
2021-08-15 · CleanSpark 10-Q filed 2021-08-16 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
Company acquired certain intellectual property assets and a customer list from Pioneer Critical Power, Inc., issuing 175,000 common shares, a five-year warrant to purchase 50,000 shares at $16.00 per share, and a five-year warrant to purchase 50,000 shares at $20.00 per share.
Source (primary)
CleanSpark 10-Q filed 2020-05-11 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “CleanSpark entered into an Agreement with Pioneer Critical Power, Inc., whereby it acquired certain intellectual property assets and a customer list. As consideration the Company issued to its sole shareholder (i) 175,000 of the common stock of CleanSpark, (ii) a five-year warrant to purchase 50,000 shares of CleanSpark common stock at an exercise price of $16.00 per share, and (iii) a five-year warrant to purchase 50,000 shares of CleanSpark common stock at an exercise price of $20.00 per share.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
Note 1 describes the January 22, 2019 Pioneer Critical Power agreement and lists exactly this consideration. The filing specifies that the shares and warrants went to Pioneer's sole shareholder.
Confirmed in the source:
- CleanSpark entered into an agreement with Pioneer Critical Power, Inc. under which it acquired certain intellectual property assets and a customer list.
- CleanSpark issued 175,000 shares of its common stock as consideration.
- CleanSpark issued a five-year warrant to purchase 50,000 shares at $16.00 per share.
- CleanSpark issued a five-year warrant to purchase 50,000 shares at $20.00 per share.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357720000136/clsk10q.htm) in full (142,593 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-Q filed 2020-05-11
Quote: “CleanSpark entered into an Agreement with Pioneer Critical Power, Inc., whereby it acquired certain intellectual property assets and a customer list. As consideration the Company issued to its sole shareholder (i) 175,000 of the common stock of CleanSpark, (ii) a five-year warrant to purchase 50,000 shares of CleanSpark common stock at an exercise price of $16.00 per share, and (iii) a five-year warrant to purchase 50,000 shares of CleanSpark common stock at an exercise price of $20.00 per share.”