Completion guarantee for Sandersville financing
Company: CleanSpark - Project: Sandersville
The claim, verbatim
CleanSpark will provide a completion guarantee if proceeds from the notes offering are insufficient to complete the Sandersville facility, obligating the parent company to supply additional funds needed
Source (primary)
CleanSpark stock gains 5% on proposed $2.23B debt deal - Crypto News (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “CleanSpark will provide a customary completion guarantee. Under that agreement, the Nasdaq-listed parent would supply the issuer with the additional money needed to complete the project”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The article describes the completion guarantee and the parent's obligation to supply additional funds. It notes this is subject to the guarantee's final terms.
Confirmed in the source:
- CleanSpark will provide a customary completion guarantee if the amount raised is insufficient to finish the Sandersville facility
- Under the guarantee, the parent company would supply the issuer with the additional money needed to complete the project
What we did: Read our cached copy of the publisher (https://crypto.news/cleanspark-stock-gains-on-proposed-2-23b-debt-deal/) in full (12,712 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark stock gains 5% on proposed $2.23B debt deal - Crypto News
Quote: “CleanSpark will provide a customary completion guarantee. Under that agreement, the Nasdaq-listed parent would supply the issuer with the additional money needed to complete the project”