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Net proceeds from convertible notes offering

Company: CleanSpark

Subject kind
financing
Statement date
2025-11-12
Promised amount
1130000000.0 USD
Current status
stated

The claim, verbatim

The net proceeds to the Company from the sale of the notes were approximately $1.13 billion after deducting Initial Purchasers' discounts and estimated expenses

Source (primary)

CleanSpark 8-K filed 2025-11-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The net proceeds to the Company from the sale of the notes were approximately $1.13 billion, after deducting the Initial Purchasers' discounts and estimated expenses payable by the Company.”

How we checked this

Attempted on September 16, 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/827876/000119312525280105/clsk-20251113.htm) in full (12,957 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms CleanSpark 8-K filed 2025-11-13

Quote: “The net proceeds to the Company from the sale of the notes were approximately $1.13 billion, after deducting the Initial Purchasers' discounts and estimated expenses payable by the Company.”

View cached copy (2026-08-31)Live source ↗