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Initial conversion price for convertible notes

Company: CleanSpark

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

The claim, verbatim

Notes are convertible at an initial conversion price of approximately $14.80 per share of common stock

Source (primary)

CleanSpark 8-K filed 2024-12-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The notes are convertible into shares of the Company's common stock at an initial conversion rate of 67.5858 shares per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $14.80 per share of common stock).”

How we checked this

Checked on September 17, 2026. The cited source supports every part of this claim.

The filing gives an initial conversion rate of 67.5858 shares per $1,000 principal amount, equivalent to about $14.80 per share.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000095017024137362/clsk-20241217.htm) in full (15,324 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms CleanSpark 8-K filed 2024-12-17

Quote: “The notes are convertible into shares of the Company's common stock at an initial conversion rate of 67.5858 shares per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $14.80 per share of common stock).”

View cached copy (2026-08-31)Live source ↗