Series A Preferred redemption rights
Company: CleanSpark
The claim, verbatim
Series A Preferred holders entitled to redemption for 3 common shares per Series A share in change of control event
Source (primary)
CleanSpark 8-K filed 2019-10-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The holders are further entitled to have us redeem their Series A Preferred Stock for three shares of common stock in the event of a change of control”
How we checked this
Checked on September 23, 2026. The cited source supports part of this claim, but not all of it.
The filing says holders can have their Series A Preferred redeemed for three shares of common stock on a change of control. It does not explicitly state that the ratio is three common shares per Series A share.
Confirmed in the source:
- Series A Preferred holders are entitled to have the Company redeem their Series A Preferred Stock for three shares of common stock
- The redemption right applies in the event of a change of control
We could not confirm this from the cited source:
- The three common shares are paid for each individual Series A Preferred share, rather than in aggregate
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357719000370/clsk8-k.htm) in full (13,339 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2019-10-09
Quote: “The holders are further entitled to have us redeem their Series A Preferred Stock for three shares of common stock in the event of a change of control”