Conversion premium on convertible notes
Company: CleanSpark
The claim, verbatim
The Convertible Notes carry a 27.50% conversion premium to the closing stock price on November 10, 2025
Source (primary)
cleanspark 8-K exhibit (clsk-ex99_1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-26)Live source ↗
Quote: “27.50% conversion premium”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The document says the initial conversion price represents a premium of about 27.50% to the $15.03 closing price on November 10, 2025.
Confirmed in the source:
- The Convertible Notes carry a conversion premium of approximately 27.50%
- The premium is measured against the $15.03 closing price of the common stock on November 10, 2025
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/827876/000119312525276014/clsk-ex99_1.htm) in full (9,343 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cleanspark 8-K exhibit (clsk-ex99_1.htm)
Quote: “27.50% conversion premium”