Proposed increase in authorized common stock shares
Company: CleanSpark
The claim, verbatim
CleanSpark is proposing to increase authorized common stock from 300,000,000 to 600,000,000 shares, subject to stockholder approval at a Special Meeting
Source (primary)
CleanSpark 8-K filed 2024-08-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “to effectuate an increase in the number of shares of the Company's common stock, par value $0.001 per share (the "Common Stock") authorized for issuance from 300,000,000 shares to 600,000,000 shares”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing says the Board called a Special Meeting so stockholders could approve an amendment to the articles of incorporation. That amendment would raise authorized common shares from 300,000,000 to 600,000,000.
Confirmed in the source:
- CleanSpark proposed increasing its authorized common stock from 300,000,000 to 600,000,000 shares
- The increase requires a stockholder vote at a Special Meeting called by the Board
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: “to effectuate an increase in the number of shares of the Company's common stock, par value $0.001 per share (the "Common Stock") authorized for issuance from 300,000,000 shares to 600,000,000 shares”