Common stock issued as financing consideration
Company: CleanSpark
The claim, verbatim
Issued 100,000 shares of common stock to EMA Financial, plus 137,500 additional shares returnable if the note is prepaid
Source (primary)
CleanSpark 8-K filed 2018-09-11 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The SPA required that we issue to Purchaser 100,000 shares of our common stock and another 137,500 shares of common stock that is returnable to us if we prepay the loan.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states that the purchase agreement required issuing both share amounts to EMA Financial, and that the 137,500 shares are returnable if the note is prepaid.
Confirmed in the source:
- The purchase agreement required CleanSpark to issue 100,000 shares of common stock to EMA Financial
- The agreement also required issuance of another 137,500 shares, which are returnable to CleanSpark if the loan is prepaid
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357718000416/mainbody.htm) in full (5,488 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2018-09-11
Quote: “The SPA required that we issue to Purchaser 100,000 shares of our common stock and another 137,500 shares of common stock that is returnable to us if we prepay the loan.”