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No net share issuance from conversions until stock exceeds $33.67

Company: CleanSpark

Subject kind
financing
Statement date
2024-12-16
Promised amount
33.67 USD
Current status
stated

The claim, verbatim

If conversions of principal are settled in cash and the remainder in shares (absent redemption notice or certain corporate events), the company will not have to issue additional net shares until its stock price exceeds $33.67.

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 will not have to issue any additional shares (on a net basis, after accounting for the benefits of the capped call and the share repurchase), until the price of its Common Stock exceeds $33.67”

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 will not have to issue any additional shares (on a net basis, after accounting for the benefits of the capped call and the share repurchase), until the price of its Common Stock exceeds $33.67”

View cached copy (2026-10-23)Live source ↗