CleanSpark, Inc., a Nevada-based company specializing in advanced energy software and control technology, has announced a special meeting of stockholders to be held virtually on October [], 2024. The meeting will address three key proposals: an amendment to the Articles of Incorporation to increase authorized shares of Common Stock from 300 million to 600 million, potential adjournments of the meeting to solicit additional proxies if necessary, and the transaction of other business as may properly come before the meeting. The record date for determining stockholders entitled to vote is set for September [], 2024. The Board of Directors has unanimously approved the proposals and recommends stockholders vote FOR each. The meeting will be accessible online, allowing stockholders worldwide to participate and vote in real-time...Show More

CleanSpark, Inc., a Nevada-based company specializing in advanced energy software and control technology, has announced a special meeting of stockholders to be held virtually on October [], 2024. The meeting will address three key proposals: an amendment to the Articles of Incorporation to increase authorized shares of Common Stock from 300 million to 600 million, potential adjournments of the meeting to solicit additional proxies if necessary, and the transaction of other business as may properly come before the meeting. The record date for determining stockholders entitled to vote is set for September [], 2024. The Board of Directors has unanimously approved the proposals and recommends stockholders vote FOR each. The meeting will be accessible online, allowing stockholders worldwide to participate and vote in real-time. CleanSpark has also engaged Sodali & Co to assist in the solicitation of proxies, with estimated fees of approximately $30,000 plus expenses. The company's executive officers and directors collectively hold a significant portion of the voting power, with certain directors holding shares of Series A Preferred Stock, which have enhanced voting rights. Additionally, the company has issued Series X Preferred Stock to Dr. Thomas L. Wood, which will be voted proportionally to the votes cast by holders of Common Stock and Series A Preferred Stock on the proposal to increase authorized shares.