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Cleanspark Inc.
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Cleanspark Inc.

CleanSpark Modifies Series A Preferred Stock Rights

| 8-K |Financial Services

Summary

CleanSpark, Inc. has amended the terms of its Series A Preferred Stock, eliminating quarterly dividends and providing a one-time special dividend of $17.1428571428571 per share. The voting rights of Series A Preferred Stockholders have been modified, and each share will automatically convert into three shares of Common Stock upon a Change of Control Event. The changes were approved by the Board and the Series A Preferred Stockholders.

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Material Modification of Rights of Security Holders Dividend Decrease

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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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