share_log

CleanSpark | 424B5: Prospectus

SEC announcement ·  Mar 29 05:11
Summary by Futu AI
CleanSpark, Inc., a Nevada-based company listed on the Nasdaq Capital Market under the symbol 'CLSK,' has announced an at-the-market offering agreement with H.C. Wainwright & Co., LLC, dated January 5, 2024. The agreement, which was amended on March 28, 2024, allows CleanSpark to offer and sell shares of its common stock with an aggregate offering price of up to $800,000,000. The sales may be made from time to time through Wainwright acting as a sales agent. The common stock's last reported sale price on Nasdaq was $23.11 per share as of March 27, 2024. The offering is pursuant to a prospectus supplement and the accompanying prospectus. Wainwright will receive a fixed commission rate of up to 3.0% of the gross proceeds per share sold under the amended agreement. The offering aims to provide CleanSpark with capital for growth initiatives, capital expenditures, acquisitions, and general corporate purposes. The company has also agreed to indemnification and contribution to Wainwright concerning certain liabilities.
CleanSpark, Inc., a Nevada-based company listed on the Nasdaq Capital Market under the symbol 'CLSK,' has announced an at-the-market offering agreement with H.C. Wainwright & Co., LLC, dated January 5, 2024. The agreement, which was amended on March 28, 2024, allows CleanSpark to offer and sell shares of its common stock with an aggregate offering price of up to $800,000,000. The sales may be made from time to time through Wainwright acting as a sales agent. The common stock's last reported sale price on Nasdaq was $23.11 per share as of March 27, 2024. The offering is pursuant to a prospectus supplement and the accompanying prospectus. Wainwright will receive a fixed commission rate of up to 3.0% of the gross proceeds per share sold under the amended agreement. The offering aims to provide CleanSpark with capital for growth initiatives, capital expenditures, acquisitions, and general corporate purposes. The company has also agreed to indemnification and contribution to Wainwright concerning certain liabilities.
Helpful
Not Helpful

This announcement is a separate document:

Doc 1

Doc 2

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.