Auctus Fund $550,000 convertible note
Company: CleanSpark
The claim, verbatim
CleanSpark issued a $550,000 convertible promissory note to Auctus Fund, LLC closed July 11, 2018, bearing 12% per annum interest and maturing 6 months from Issue Date, with 287,500 commitment shares issued
Source (primary)
CleanSpark 8-K filed 2018-07-17 (SEC EDGAR, sec_filing)
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Quote: “the Company issued to the Purchaser a Convertible Promissory Note (the "Note") in the aggregate principal amount of $550,000...the Company has agreed to pay interest on the unpaid principal balance of the Note at the rate of twelve percent (12%) per annum...The Note has a maturity date of six months for each tranche funded...the Company issued to the Purchaser, as a commitment fee, 137,500 shares of its common stock (the "Returnable Shares") as well as 150,000 shares of its common stock (the "Non-Returnable Shares")”
How we checked this
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Additional evidence
confirms CleanSpark 8-K filed 2018-07-17
Quote: “the Company issued to the Purchaser a Convertible Promissory Note (the "Note") in the aggregate principal amount of $550,000...the Company has agreed to pay interest on the unpaid principal balance of the Note at the rate of twelve percent (12%) per annum...The Note has a maturity date of six months for each tranche funded...the Company issued to the Purchaser, as a commitment fee, 137,500 shares of its common stock (the "Returnable Shares") as well as 150,000 shares of its common stock (the "Non-Returnable Shares")”