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Required additional financing

Company: CleanSpark

Subject kind
guidance
Statement date
2018-12-13
Promised amount
5000000.0 USD
Current status
stated

The claim, verbatim

CleanSpark requires $5,000,000 in additional financing to maximize success, for continued software upgrades, further commercialization of products and services, marketing and sales, and working capital.

Source (primary)

CleanSpark 424B5 filed 2018-12-14 (SEC EDGAR, sec_filing)
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Quote: “In order to maximize our potential for success, we required a total of $5,000,000 in additional financing. As explained in this report, this funding is needed for continued upgrades to our software, expand on further commercialization of our products and services, marketing and sales of both sides of our business operations and for working capital.”

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 424B5 filed 2018-12-14

Quote: “In order to maximize our potential for success, we required a total of $5,000,000 in additional financing. As explained in this report, this funding is needed for continued upgrades to our software, expand on further commercialization of our products and services, marketing and sales of both sides of our business operations and for working capital.”

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