Pioneer Custom Electric Products Corp. asset acquisition
Company: CleanSpark
The claim, verbatim
Company entered into asset purchase agreement to acquire accounts receivable, inventory, customer contracts, and client lists from Pioneer Custom Electric Products Corp., with closing expected October 31, 2018, in exchange for 7 million shares valued at $5.6 million, 18-month promissory note, equipment lease, and warrants
Source (primary)
CleanSpark 10-Q filed 2018-08-20 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We recently entered into an asset purchase agreement with Pioneer Custrom Electric Products Corp., as amended, and will acquire the following assets... The closing of the transactions contemplated by the Purchase Agreement is currently expected to occur on October 31, 2018”
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 10-Q filed 2018-08-20
Quote: “We recently entered into an asset purchase agreement with Pioneer Custrom Electric Products Corp., as amended, and will acquire the following assets... The closing of the transactions contemplated by the Purchase Agreement is currently expected to occur on October 31, 2018”