Series X Preferred Stock issuance to Dr. Thomas Wood
Company: CleanSpark
The claim, verbatim
CleanSpark issued 1,000,000 shares of Series X Preferred Stock to Dr. Thomas Wood for an aggregate purchase price of $1,000, with the sale closing on August 30, 2024
Source (primary)
CleanSpark 8-K filed 2024-08-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company agreed to issue and sell one million (1,000,000) shares of the Company's Series X Preferred Stock, par value $0.001 per share (the "Series X Preferred Stock"), to the Purchaser for an aggregate purchase price of $1,000. The sale closed on August 30, 2024.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The 8-K states that CleanSpark agreed to issue and sell one million Series X Preferred shares to Dr. Thomas Wood for $1,000 in aggregate. It also states that the sale closed on August 30, 2024.
Confirmed in the source:
- CleanSpark issued 1,000,000 shares of Series X Preferred Stock
- The purchaser was Dr. Thomas Wood, an independent member of CleanSpark's board
- The aggregate purchase price was $1,000
- The sale closed on August 30, 2024
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000119312524211220/d890188d8k.htm) in full (10,736 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 8-K filed 2024-08-30
Quote: “the Company agreed to issue and sell one million (1,000,000) shares of the Company's Series X Preferred Stock, par value $0.001 per share (the "Series X Preferred Stock"), to the Purchaser for an aggregate purchase price of $1,000. The sale closed on August 30, 2024.”