CleanSpark, Inc. (OTCMKTS:CLSK) Files An 8-K Other Events
ITEM 8.01 – OTHER EVENTS
On December 31, 2018, CleanSpark, Inc. (the “Company) filed a Current Report on Form 8-K to disclose, among other things, that the Companyentered into a Securities Purchase Agreement with an unaffiliated third-party institutional investor (the “Investor”), to which the Company issued to the Investor a Senior Secured Redeemable Convertible Debenture in the aggregate face value of $5,250,000.
Also on December 31, 2018 and in connection with the above financing, the Company filed on Edgar a Prospectus Supplement to itsRegistration Statement on Form S-3 (No.333-228063) filed with Securities Exchange Commission and and declared effective by the Commission on November 20, 2018.
On January 2, 2019, the Company noticed that the Prospectus Supplement was not available on Edgar. In response, the Company contacted the Commission and, after discussion with the staff through the Company’s Edgar service provider, the Company learned that the missing Prospectus Supplement was likely the result of Edgar system problems experienced by the Commission.
In order to ensure that the Prospectus Supplement is available to the public, the Company is filing the entire Prospectus Supplement in its entirety as Exhibit 99.1 to this Current Report.
SECTION 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Description |
| 99.1 | Prospectus Supplement |
CLEANSPARK, INC. Exhibit
EX-99.1 2 ex99_1.htm Filed pursuant to Rule 424(b)(2) Registration Statement No. 333-228063 PROSPECTUS SUPPLEMENT (To Prospectus Dated November 20,…
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About CleanSpark, Inc. (OTCMKTS:CLSK)
CleanSpark, Inc., formerly Stratean, Inc., is in the business of acquiring, licensing and marketing patents and technology to create sustainable energy for its energy customers. The Company is a microgrid company, which combines a stratified downdraft gasifier with engineering and software and controls for distributed energy resource management systems. Its software allows energy generated locally to be shared with other interconnected microgrids. The Company’s Flex Power System is an integrated microgrid control platform that integrates all forms of energy generation with energy storage devices and controls facility loads to provide energy security in real time free of cyber threats. The Flex Power System provides sustainable energy with cost savings for its energy customers. The Flex Power System allows customers to manage renewable energy generation, storage and consumption. Its FractalGrid topology enables multiple microgrids to work together or disassociate base on the system.
