Floor price on debenture conversions
Company: CleanSpark
The claim, verbatim
Floor price of $1.50 per share placed on conversions by investor under both debentures
Source (primary)
CleanSpark 8-K filed 2020-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “At the Company's request, a Floor Price of $1.50 per share of Common Stock was placed on conversions by the Investor under both Debentures”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states that a $1.50 per share floor price was placed on the Investor's conversions under both Debentures. It adds that the floor on the First Debenture does not apply if an Event of Default occurs.
Confirmed in the source:
- A Floor Price of $1.50 per share was placed on conversions by the Investor
- The floor price applies under both Debentures
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357720000062/clsk8k.htm) in full (5,896 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2020-03-10
Quote: “At the Company's request, a Floor Price of $1.50 per share of Common Stock was placed on conversions by the Investor under both Debentures”