---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-078178"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2024-06-27T23:59:59+00:00"
generated_at: "2026-06-01T01:17:21.421747+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CleanSpark to acquire GRIID Infrastructure in all-stock deal valued at $155M EV

## Summary
- Enterprise value of $155M including debt assumption; GRIID stockholders get CleanSpark shares based on exchange ratio using $16.587 VWAP.
- CleanSpark provided $5M working capital loan and ~$50.9M bridge loan to GRIID, secured and senior to other debt.
- Deal adds over 400 MW of power capacity in Tennessee over next 2 years; total announced capacity exceeds 1 GW.
- Expected to close in Q3 2024, subject to GRIID shareholder approval and customary conditions.
- GRIID operates bitcoin mining data centers in Tennessee and New York; CEO Zach Bradford cites community-first approach.

## SEC filing metadata
- accession: 0000950170-24-078178
- form_type: 8-K
- ticker: CLSK
- cik: 0000827876
- company_name: CLEANSPARK, INC.
- filed_at: 2024-06-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827876/000095017024078178/0000950170-24-078178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000095017024078178/clsk-20240626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-078178
- JSON: https://secwatch.observer/filing/0000950170-24-078178.json
- Plain text: https://secwatch.observer/filing/0000950170-24-078178.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.