jain.com

Overall business financing need

Company: CleanSpark

Subject kind
financing
Statement date
2016-12-29
Promised by
2017-12-29
Promised amount
500000.0 USD
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

The passages cover 2019–2024 financing activity. None says whether at least $500,000 was raised in the 12 months after December 2016.

Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

At least $500,000 financing needed over next 12 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 October 12, 2026. The cited source supports every part of this claim.

The filing states the company anticipates needing at least $500,000 in financing over the next twelve months to execute its business plans.

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 ↗

Record of changes

September 27, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 28, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.