Sandersville Facility build-out financing
Company: CleanSpark - Project: Sandersville
The claim, verbatim
Net proceeds will finance the remaining cost of building out the Sandersville data center facility
Source (primary)
cleanspark 8-K exhibit (clsk-ex99_2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-18)Live source ↗
Quote: “to finance the remaining cost of the build out of the data center (the "Sandersville Facility")”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The release lists financing the remaining build-out cost of the Sandersville Facility as an intended use of net proceeds, alongside reimbursing prior equity contributions and funding debt service reserves; this is a stated intention for a proposed offering, not a completed one.
Confirmed in the source:
- Net proceeds from the notes offering are intended to finance the remaining cost of the build-out of the Sandersville data center facility
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/827876/000119312526393758/clsk-ex99_2.htm) in full (7,405 characters, retrieved September 18, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cleanspark 8-K exhibit (clsk-ex99_2.htm)
Quote: “to finance the remaining cost of the build out of the data center (the "Sandersville Facility")”
confirms cleanspark 8-K exhibit (clsk-ex99_1.htm)
Quote: “The Issuer intends to use the net proceeds from the offering (a) to finance the remaining cost of the build out of the data center (the "Sandersville Facility")”