Convertible Notes Offering
Company: CleanSpark
What the later record shows
Delivered; the record does not say when
The FY2025 10-K says the 2030 Notes were issued in December 2024, upsized to $650M because the $100M option was fully exercised. No passage gives the exact closing date, so it cannot be checked against December 17, 2024.
“In December 2024, we issued $650,000,000 aggregate principal amount of our 2030 Notes, including the exercise in full by the initial purchasers of the 2030 Notes”
2025-11-24 · CleanSpark 10-K filed 2025-11-25 View cached copy (2026-08-31)Live source ↗
Checked October 11, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
CleanSpark issued a press release on December 13, 2024 announcing the pricing of its private offering of $550 million aggregate principal amount of 0.00% convertible senior notes due 2030. Initial purchasers were also granted an option to purchase up to an additional $100 million. The offering was expected to close on December 17, 2024.
Source (primary)
CleanSpark 8-K filed 2024-12-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On December 13, 2024, CleanSpark, Inc. (the "Company") issued a press release announcing the pricing of its private offering of $550 million aggregate principal amount of its 0.00% convertible senior notes due 2030 to the initial purchasers for resale in a private offering (the "Offering")... The Company also granted to the initial purchasers of the notes an option to purchase, within a thirteen-day period beginning on, and including, the date on which the notes are first issued, up to an additional $100 million aggregate principal amount of the notes. The Offering is expected to close on December 17, 2024, subject to satisfaction of customary closing conditions.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
CleanSpark's December 13, 2024 Form 8-K states each element of the claim: the $550 million 0.00% convertible notes due 2030, the $100 million option for initial purchasers, and the expected December 17, 2024 closing.
Confirmed in the source:
- CleanSpark issued a press release on December 13, 2024 announcing the pricing of a private offering
- The offering was $550 million aggregate principal amount
- The notes are 0.00% convertible senior notes due 2030
- Initial purchasers were granted an option to purchase up to an additional $100 million aggregate principal amount of the notes
- The offering was expected to close on December 17, 2024
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000095017024136048/clsk-20241212.htm) in full (6,423 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2024-12-13
Quote: “On December 13, 2024, CleanSpark, Inc. (the "Company") issued a press release announcing the pricing of its private offering of $550 million aggregate principal amount of its 0.00% convertible senior notes due 2030 to the initial purchasers for resale in a private offering (the "Offering")... The Company also granted to the initial purchasers of the notes an option to purchase, within a thirteen-day period beginning on, and including, the date on which the notes are first issued, up to an additional $100 million aggregate principal amount of the notes. The Offering is expected to close on December 17, 2024, subject to satisfaction of customary closing conditions.”
confirms CleanSpark 10-K filed 2025-11-25
Quote: “In December 2024, we issued $650,000,000 aggregate principal amount of our 2030 Notes, including the exercise in full by the initial purchasers of the 2030 Notes”