Senior Secured Convertible Debenture
Company: CleanSpark
The claim, verbatim
CleanSpark approved a 7.5% Senior Secured Redeemable Convertible Promissory Note with an aggregate principal amount of $10,750,000.
Source (primary)
CleanSpark 8-K filed 2019-06-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “a 7.5% Senior Secured Redeemable Convertible Promissory Note of the Corporation to An otherwise unaffiliated investor, in the aggregate principal amount of $10,750,000 (the "Debenture")”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing reports that CleanSpark's majority stockholders approved, by written consent on June 24, 2019, a financing transaction that included a 7.5% Senior Secured Redeemable Convertible Promissory Note with $10,750,000 aggregate principal.
Confirmed in the source:
- CleanSpark's majority stockholders (and earlier its Board) approved the financing transaction that included the note
- The note is a 7.5% Senior Secured Redeemable Convertible Promissory Note
- The note's aggregate principal amount is $10,750,000
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357719000289/mainbody.htm) in full (4,636 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2019-06-26
Quote: “a 7.5% Senior Secured Redeemable Convertible Promissory Note of the Corporation to An otherwise unaffiliated investor, in the aggregate principal amount of $10,750,000 (the "Debenture")”