Pending Asset Purchase Agreement with Pioneer Custom Electric Products Corp

Checked on September 23, 2026. The cited source supports every part of this claim.

The 10-K describes the May 2, 2018 agreement, the December 27, 2018 amendment extending the termination date to January 16, 2019, and the stated purpose of negotiating amended business terms.

Confirmed in the source:

• The company entered into an Asset Purchase Agreement with Pioneer Custom Electric Products Corp. on May 2, 2018
• The termination date was extended to on or before January 16, 2019
• The extension was made in part to allow the parties time to negotiate amendments to the business terms and structure

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357719000036/mainbody2.htm) in full (251,181 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

confirms CleanSpark 10-K filed 2019-01-15

Quote: “on May 2, 2018, we entered into an Asset Purchase Agreement (the "Purchase Agreement") with Pioneer Custom Electric Products Corp., a Delaware corporation. On December 27, 2018, the parties to the Purchase Agreement entered into a letter amendment (the "Amendment") to extend the Termination Date from December 31, 2018 until on or before January 16, 2019”

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