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COVID-19 PPE joint venture

Company: CleanSpark

Subject kind
partnership
Statement date
2020-05-10
Promised amount
0.2 USD per unit
Current status
stated

The claim, verbatim

Entered into joint venture with international partners to procure, distribute and supply masks, gowns, gloves and other PPE to hospitals and frontline medical personnel, with Company receiving $0.20 per unit sold and ability to reinvest capital for follow-on purchases

Source (primary)

CleanSpark 10-Q filed 2020-05-11 (SEC EDGAR, sec_filing)
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Quote: “CleanSpark entered into a joint venture agreement with international partners to procure, distribute and supply masks, gowns, gloves, and other Personal Protective Equipment (PPE) to be supplied to hospitals and frontline medical personnel. In connection with its contribution of capital, the Company will receive $0.20 per unit sold through use of its funds, with the ability to re-invest the contributed capital for follow-on purchases at least four (4) times over”

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: “CleanSpark entered into a joint venture agreement with international partners to procure, distribute and supply masks, gowns, gloves, and other Personal Protective Equipment (PPE) to be supplied to hospitals and frontline medical personnel. In connection with its contribution of capital, the Company will receive $0.20 per unit sold through use of its funds, with the ability to re-invest the contributed capital for follow-on purchases at least four (4) times over”

View cached copy (2026-09-13)Live source ↗