jain.com

Operating financing for business plan execution

Company: CleanSpark

Subject kind
financing
Statement date
2016-12-29
Promised amount
500000.0 USD
Current status
stated

The claim, verbatim

Anticipates need for at least $500,000 in financing over next twelve months to execute on business plans

Source (primary)

CleanSpark 10-K filed 2016-12-30 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗

Quote: “anticipate the need for at least $500,000 in financing over the next twelve months to execute on our business plans”

How we checked this

Checked on September 29, 2026. The cited source supports every part of this claim.

The 10-K states this financing need directly in its discussion of the Gasifier business.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357716000436/mainbody.htm) in full (178,833 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms CleanSpark 10-K filed 2016-12-30

Quote: “anticipate the need for at least $500,000 in financing over the next twelve months to execute on our business plans”

View cached copy (2026-09-27)Live source ↗