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Form 8-K · Current Report · Filed 2024-05-09

CleanSpark Appoints New COO and CTO

CleanSpark, Inc. announced the appointments of Scott Garrison as Chief Operating Officer and Taylor Monnig as Chief Technology Officer, effective May 7, 2024. Garrison, previously Senior Vice President of Growth, and Monnig, previously Senior Vice President of Mining Technology, will lead strategic growth initiatives and mining operations, respectively. Both executives entered into new employment agreements with annual base salaries of $335,000, annual discretionary cash bonuses, and restricted stock units. The appointments were also disclosed in a press release on May 8, 2024.

Filer
Cleanspark Inc. CLSK · NASDAQ
Filed
Accession
0000950170-24-055968
CIK
0000827876
Signal
Medium impactFinancial Services

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Securities Purchase Agreement
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New COO Appointed New CTO Appointed
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$16.37

Next session

-4.9%

Since filing

-16.1%

Latest close

$13.73

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CLSK reporting the same item, with the next session's move:

Exhibits (5)

About Cleanspark Inc.

Cleanspark Inc. is a technology company primarily focused on providing advanced energy software and control technology solutions. The company's main objective is to help customers achieve energy efficiency and maximize cost savings through its innovative microgrid design and energy analytics. Cleanspark Inc. offers services to a wide range of markets including commercial, industrial, and residential sectors, as well as unique solutions for military and municipal applications. Its solutions empower users to take control of their power needs by integrating multiple power sources, energy storage, and intelligent control systems. As the demand for sustainable and resilient energy solutions increases, Cleanspark Inc. plays a significant role in the transition towards more decentralized and efficient energy systems, aligning with global sustainability trends and energy independence initiatives.

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