Convertible promissory note from EMA Financial
Company: CleanSpark
The claim, verbatim
Issued a $225,000 convertible promissory note with 12% annual interest, due May 21, 2019, convertible at 70% of lowest trading price
Source (primary)
CleanSpark 8-K filed 2018-09-11 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “we entered into a Securities Purchase Agreement ("SPA") with EMA Financial, LLC, a Delaware limited liability company ("Purchaser"), pursuant to which we issued and sold to the Purchaser a convertible promissory note, dated August 21, 2018 in the principal amount of $225,000... The Note, which is due on May 21, 2019, bears interest at the rate of 12% per annum.”
How we checked this
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Additional evidence
confirms CleanSpark 8-K filed 2018-09-11
Quote: “we entered into a Securities Purchase Agreement ("SPA") with EMA Financial, LLC, a Delaware limited liability company ("Purchaser"), pursuant to which we issued and sold to the Purchaser a convertible promissory note, dated August 21, 2018 in the principal amount of $225,000... The Note, which is due on May 21, 2019, bears interest at the rate of 12% per annum.”