Expected timeline to receive authorization for all contract stages
Company: CleanSpark - Project: Thousand Oaks
What the later record shows
The date slipped
Permission on all stages was expected by about 2018-11-20. The 10-K dated 2019-01-14 says only the initial $88,250 stage was authorized and later stages still required Macerich's written authorization.
“At this time this agreement only specifically authorizes an initial $88,250 for consultation and engineering services, the balance of the $18 million microgrid installation contract falls under later stages.”
2019-01-14 · CleanSpark 10-K filed 2019-01-15 View cached copy (2026-09-27)Live source ↗
“These additional stages require Macerich’s written authorization to proceed with the overall project.”
2019-01-14 · CleanSpark 10-K filed 2019-01-15 View cached copy (2026-09-27)Live source ↗
Checked October 11, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The Company expects to receive written permission to proceed on all stages of the contract within a seven week timeline from October 2, 2018.
Source (primary)
CleanSpark 8-K filed 2018-10-05 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Company expects to receive written permission to proceed on all stages of the contract in a seven week timeline.”
How we checked this
Checked on October 11, 2026. The cited source supports part of this claim, but not all of it.
The filing says CleanSpark expects written permission on all contract stages in a seven-week timeline, but it does not say when that seven-week period starts. Measuring it from October 2, 2018 is an inference the filing does not state.
Confirmed in the source:
- CleanSpark expects to receive written permission to proceed on all stages of the Macerich contract in a seven-week timeline
- CleanSpark executed the agreement with Macerich on October 2, 2018
We could not confirm this from the cited source:
- The seven-week timeline for receiving written permission is measured from October 2, 2018
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/827876/000166357718000445/mainbody.htm) in full (3,615 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2018-10-05
Quote: “The Company expects to receive written permission to proceed on all stages of the contract in a seven week timeline.”
delays CleanSpark 10-K filed 2019-01-15
Quote: “At this time this agreement only specifically authorizes an initial $88,250 for consultation and engineering services, the balance of the $18 million microgrid installation contract falls under later stages.”