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Pioneer Critical Power acquisition

Company: CleanSpark

Subject kind
acquisition
Statement date
2020-05-10
Promised amount
175000.0 shares
Current status
stated

The claim, verbatim

Acquired Pioneer Critical Power Inc. on January 22, 2019, issuing 175,000 shares of common stock and two 5-year warrants (50,000 shares at $16/share and 50,000 shares at $20/share)

Source (primary)

CleanSpark 10-Q filed 2020-05-11 (SEC EDGAR, sec_filing)
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Quote: “on January 22, 2019, we acquired the outstanding capital stock of Pioneer Critical Power, Inc., a Delaware corporation ("Pioneer")...we issued to its sole shareholder Pioneer Power Solutions, Inc. ("Pioneer Power") a total of 175,000 shares of our common stock, a 5-year warrant to purchase 50,000 shares of our common stock at an exercise price of $16.00 per share and a 5-year warrant to purchase 50,000 shares of our common stock at an exercise price of $20.00 per share”

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 10-Q filed 2020-05-11

Quote: “on January 22, 2019, we acquired the outstanding capital stock of Pioneer Critical Power, Inc., a Delaware corporation ("Pioneer")...we issued to its sole shareholder Pioneer Power Solutions, Inc. ("Pioneer Power") a total of 175,000 shares of our common stock, a 5-year warrant to purchase 50,000 shares of our common stock at an exercise price of $16.00 per share and a 5-year warrant to purchase 50,000 shares of our common stock at an exercise price of $20.00 per share”

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