jain.com

Earliest redemption date for convertible notes

Company: CleanSpark

Subject kind
financing
Statement date
2024-12-16
Promised by
2028-06-20
Current status
stated

The claim, verbatim

Company may not redeem the notes prior to June 20, 2028; may redeem on or after June 20, 2028 if specified conditions are met

Source (primary)

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

Quote: “Prior to June 20, 2028, the Company may not redeem the notes. The Company may redeem for cash all or any portion of the notes (subject to certain limitations), at its option, on or after June 20, 2028”

How we checked this

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

The filing bars redemption before June 20, 2028. It permits redemption for cash on or after that date if the stock price has been at least 130% of the conversion price for at least 20 trading days within a 30-trading-day period.

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: “Prior to June 20, 2028, the Company may not redeem the notes. The Company may redeem for cash all or any portion of the notes (subject to certain limitations), at its option, on or after June 20, 2028”

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