jain.com
The Analysis · Companies · People · Methodology

Elimination of quarterly dividend on Series A Preferred Stock

Company: CleanSpark

Subject kind
financing
Statement date
2026-03-23
Current status
stated

The claim, verbatim

The quarterly dividend payable to holders of Series A Preferred, calculated as 2% of the Company's earnings before interest, taxes and amortization, has been eliminated

Source (primary)

CleanSpark 8-K filed 2026-03-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗

Quote: “the quarterly dividend payable to holders of the Series A Preferred (the "Series A Holders"), calculated as 2% of the Company's earnings before interest, taxes and amortization, has been eliminated”

How we checked this

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000119312526122201/clsk-20260319.htm) in full (6,222 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms CleanSpark 8-K filed 2026-03-24

Quote: “the quarterly dividend payable to holders of the Series A Preferred (the "Series A Holders"), calculated as 2% of the Company's earnings before interest, taxes and amortization, has been eliminated”

View cached copy (2026-08-30)Live source ↗