Sandersville Data Center Facility Funding
Company: CleanSpark - Project: Sandersville
The claim, verbatim
Net proceeds from Notes offering will be used to finance remaining cost of Sandersville Facility data center in Sandersville, Georgia, reimburse prior equity contributions, and fund debt service reserves
Source (primary)
CleanSpark 8-K filed 2026-09-25 (SEC EDGAR, sec_filing)
View cached copy (2026-09-26)Live source ↗
Quote: “CSDC Finance intends to use the net proceeds from the offering to (1) finance the remaining cost of the Sandersville Facility, a data center facility located in Sandersville, Georgia (the "Sandersville Facility"), (2) reimburse the Company for certain prior equity contributions made in respect of the Sandersville Facility and (3) fund debt service reserves.”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The filing lists all three intended uses of proceeds and describes the Sandersville Facility as a data center in Sandersville, Georgia. It presents these as intended uses rather than completed spending.
Confirmed in the source:
- CSDC Finance intends to use net proceeds to finance the remaining cost of the Sandersville Facility
- The Sandersville Facility is a data center located in Sandersville, Georgia
- Net proceeds will reimburse CleanSpark for certain prior equity contributions made for the Sandersville Facility
- Net proceeds will fund debt service reserves
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000119312526402944/clsk-20260925.htm) in full (12,130 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2026-09-25
Quote: “CSDC Finance intends to use the net proceeds from the offering to (1) finance the remaining cost of the Sandersville Facility, a data center facility located in Sandersville, Georgia (the "Sandersville Facility"), (2) reimburse the Company for certain prior equity contributions made in respect of the Sandersville Facility and (3) fund debt service reserves.”