GRIID acquisition expected close Q3 2024
Company: CleanSpark
What the later record shows
Delivered late
An Oct 30, 2024 press release refers to integrating GRIID's businesses, which implies the deal had closed. The FY2025 10-K records the 'Acquisition of GRIID Infrastructure' in the fiscal year starting Oct 1, 2024, after the Q3 2024 target. No passage gives the exact closing date.
“CleanSpark’s ability to successfully integrate GRIID’s businesses and technologies, which may result in the combined company not operating as effectively and efficiently as expected”
2024-10-30 · cleanspark 8-K exhibit (d863782dex991.htm) View cached copy (2026-10-25)Live source ↗
“CONSOLIDATED STATEMENTS OF CASH FLOWS (continued) (in thousands) For the year ended September 30, 2025 2024 2023”
2025-11-24 · CleanSpark 10-K filed 2025-11-25 View cached copy (2026-08-31)Live source ↗
“Acquisition of GRIID Infrastructure 1,411 — — Asset acquisition - LaFayette, GA Location”
2025-11-24 · CleanSpark 10-K filed 2025-11-25 View cached copy (2026-08-31)Live source ↗
Checked November 1, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The GRIID transaction, unanimously approved by both boards, is expected to close in the third quarter of 2024, subject to GRIID shareholder approval and customary closing conditions.
Source (primary)
cleanspark 8-K exhibit (clsk-ex99_1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-01)Live source ↗
Quote: “The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to close in the third quarter of 2024.”
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 transaction has been unanimously approved by the Boards of Directors of both companies and is expected to close in the third quarter of 2024.”
confirms CleanSpark 10-K filed 2025-11-25
Quote: “CONSOLIDATED STATEMENTS OF CASH FLOWS (continued) (in thousands) For the year ended September 30, 2025 2024 2023”
confirms cleanspark 8-K exhibit (d863782dex991.htm)
Quote: “CleanSpark’s ability to successfully integrate GRIID’s businesses and technologies, which may result in the combined company not operating as effectively and efficiently as expected”