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Convertible senior notes offering

Company: CleanSpark

Subject kind
financing
Statement date
2025-11-09
Promised amount
1000000000.0 USD
Current status
stated

The claim, verbatim

Company announced intention to offer $1 billion aggregate principal amount of convertible senior notes due 2032 to qualified institutional buyers, with initial purchasers having option to purchase up to additional $200 million aggregate principal amount

Source (primary)

CleanSpark 8-K filed 2025-11-10 (SEC EDGAR, sec_filing)
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Quote: “the Company issued a press release announcing its intention to offer (the "Convertible Notes Offering"), subject to market conditions and other factors, $1 billion aggregate principal amount of its convertible senior notes due 2032 to the initial purchasers for resale in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and to grant 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 $200 million aggregate principal amount of the notes.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms CleanSpark 8-K filed 2025-11-10

Quote: “the Company issued a press release announcing its intention to offer (the "Convertible Notes Offering"), subject to market conditions and other factors, $1 billion aggregate principal amount of its convertible senior notes due 2032 to the initial purchasers for resale in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and to grant 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 $200 million aggregate principal amount of the notes.”

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