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Series A Preferred Stock automatic conversion in Change of Control Event

Company: CleanSpark

Subject kind
financing
Statement date
2026-03-23
Promised amount
3.0 units
Current status
stated

The claim, verbatim

Each share of Series A Preferred will automatically convert into three shares of Common Stock in connection with a Change of Control Event

Source (primary)

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

Quote: “each share of Series A Preferred will automatically convert into three shares of Common Stock in connection with a Change of Control Event (as defined in the Amended and Restated CoD)”

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: “each share of Series A Preferred will automatically convert into three shares of Common Stock in connection with a Change of Control Event (as defined in the Amended and Restated CoD)”

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