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Asset Purchase Agreement with Pioneer Custom Electric Products Corp. (Delaware)

Company: CleanSpark

Subject kind
acquisition
Statement date
2018-07-02
Event date
2018-05-02
Current status
stated

What the later record shows

Not a promise: a reported event · happened May 2, 2018

The claim itself reports two past events: the Asset Purchase Agreement signed May 2, 2018, and the June 28, 2018 amendment extending the termination date. Whether the deal closed is not addressed by any passage.

Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

CleanSpark and its subsidiary Pioneer Custom Electric Products Corp. (Nevada) entered into an Asset Purchase Agreement with Pioneer Custom Electric Products Corp. (Delaware) on May 2, 2018, with the termination date extended from June 30, 2018 to October 15, 2018.

Source (primary)

CleanSpark 8-K filed 2018-07-03 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “on May 2, 2018, CleanSpark, Inc. and Pioneer Custom Electric Products Corp., a Nevada corporation and wholly-owned subsidiary of CleanSpark, Inc. (together, the "Company"), entered into an Asset Purchase Agreement (the "Purchase Agreement") with Pioneer Custom Electric Products Corp., a Delaware corporation (the "Seller")... On June 28, 2018, the parties to the Purchase Agreement entered into a letter amendment (the "Amendment") to extend the Termination Date as set forth in Section 8.1(d) of the Purchase Agreement from June 30, 2018 until October 15, 2018”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The 8-K states that CleanSpark and its Nevada subsidiary entered into the Asset Purchase Agreement with the Delaware Pioneer entity on May 2, 2018, and that a June 28, 2018 amendment extended the Termination Date from June 30, 2018 to October 15, 2018.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357718000300/mainbody.htm) in full (3,209 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms CleanSpark 8-K filed 2018-07-03

Quote: “on May 2, 2018, CleanSpark, Inc. and Pioneer Custom Electric Products Corp., a Nevada corporation and wholly-owned subsidiary of CleanSpark, Inc. (together, the "Company"), entered into an Asset Purchase Agreement (the "Purchase Agreement") with Pioneer Custom Electric Products Corp., a Delaware corporation (the "Seller")... On June 28, 2018, the parties to the Purchase Agreement entered into a letter amendment (the "Amendment") to extend the Termination Date as set forth in Section 8.1(d) of the Purchase Agreement from June 30, 2018 until October 15, 2018”

View cached copy (2026-09-13)Live source ↗

Record of changes

September 15, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 15, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.