Capped call transactions at $24.66 cap price, costing ~$90.4M
Company: CleanSpark
The claim, verbatim
The company entered into capped call transactions with a cap price of $24.66 per share, a 100% premium over the $12.33 closing price on Dec 12, 2024, and used approximately $90.4 million of net proceeds to pay for them.
Source (primary)
cleanspark 8-K exhibit (clsk-ex99_1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-23)Live source ↗
Quote: “the Company entered into capped call transactions with various counterparties at a “cap price” of $24.66 per share ... The Company has used approximately $90.4 million of the net proceeds from the Offering to pay the cost of the capped call transactions”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms cleanspark 8-K exhibit (clsk-ex99_1.htm)
Quote: “the Company entered into capped call transactions with various counterparties at a “cap price” of $24.66 per share ... The Company has used approximately $90.4 million of the net proceeds from the Offering to pay the cost of the capped call transactions”