GRIID warrant conversion terms
Company: CleanSpark
The claim, verbatim
13,800,000 GRIID warrants were converted into CleanSpark warrants representing the right to purchase 960,395 shares of common stock at an exercise price of $165.24 per share
Source (primary)
CleanSpark 8-K filed 2024-11-15 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the outstanding 13,800,000 Warrants were to represent the right to purchase an aggregate of 960,395 shares of the Company's common stock (at the ratio of 0.069593885 of a share per Warrant) at an exercise price of $165.24 for each full share”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states that GRIID's warrants were converted into CleanSpark warrants in the acquisition. It says the 13,800,000 outstanding warrants carry the right to buy an aggregate of 960,395 CleanSpark shares at $165.24 per full share. Each warrant is exercisable for about 0.0696 of a share.
Confirmed in the source:
- The warrants were originally issued by GRIID and converted into CleanSpark warrants
- 13,800,000 warrants were outstanding
- Together, the warrants represent the right to purchase 960,395 shares of CleanSpark common stock
- The exercise price is $165.24 per full share
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000095017024127680/clsk-20241115.htm) in full (6,687 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2024-11-15
Quote: “the outstanding 13,800,000 Warrants were to represent the right to purchase an aggregate of 960,395 shares of the Company's common stock (at the ratio of 0.069593885 of a share per Warrant) at an exercise price of $165.24 for each full share”