Conversion rate and initial conversion price
Company: CleanSpark
The claim, verbatim
The conversion rate will initially be 52.1832 shares per $1,000 principal amount, equivalent to an initial conversion price of approximately $19.16 per share
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: “The conversion rate will initially be 52.1832 shares of common stock per $1,000 principal amount of Convertible Notes (equivalent to an initial conversion price of approximately $19.16 per share of the common stock)”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The document states both the initial conversion rate and the equivalent conversion price exactly as claimed.
Confirmed in the source:
- The initial conversion rate is 52.1832 shares per $1,000 principal amount
- This is equivalent to an initial conversion price of approximately $19.16 per share
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: “The conversion rate will initially be 52.1832 shares of common stock per $1,000 principal amount of Convertible Notes (equivalent to an initial conversion price of approximately $19.16 per share of the common stock)”