share_log

CleanSpark | S-3ASR: Automatic shelf registration statement of securities of well-known seasoned issuers

SEC announcement ·  Jan 5 13:00
Summary by Futu AI
CleanSpark, Inc., a Nevada-based bitcoin mining company, has announced an at-the-market offering agreement with H.C. Wainwright & Co., LLC to sell shares of common stock with an aggregate offering price of up to $500,000,000. The shares will be sold on the Nasdaq Capital Market under the ticker symbol 'CLSK'. The offering will be made through 'at the market' equity offerings as defined by Rule 415 of the Securities Act of 1933. CleanSpark intends to use the net proceeds for growth initiatives, capital expenditures, acquisitions, and general corporate purposes. The company has stated that there are no current arrangements or agreements for acquisitions. The sales agreement allows for sales at market prices and is not bound by a minimum offering amount. CleanSpark has granted H.C. Wainwright & Co., LLC a commission of up to 3.0% of the gross proceeds for each sale of common stock.
CleanSpark, Inc., a Nevada-based bitcoin mining company, has announced an at-the-market offering agreement with H.C. Wainwright & Co., LLC to sell shares of common stock with an aggregate offering price of up to $500,000,000. The shares will be sold on the Nasdaq Capital Market under the ticker symbol 'CLSK'. The offering will be made through 'at the market' equity offerings as defined by Rule 415 of the Securities Act of 1933. CleanSpark intends to use the net proceeds for growth initiatives, capital expenditures, acquisitions, and general corporate purposes. The company has stated that there are no current arrangements or agreements for acquisitions. The sales agreement allows for sales at market prices and is not bound by a minimum offering amount. CleanSpark has granted H.C. Wainwright & Co., LLC a commission of up to 3.0% of the gross proceeds for each sale of common stock.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.