Pioneer Critical Power intellectual property and customer list acquisition
Company: CleanSpark
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
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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.”