---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-078530"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2024-06-27T23:59:59+00:00"
generated_at: "2026-06-01T01:17:26.412831+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CleanSpark to acquire GRIID Infrastructure in ~$155M stock-for-stock merger

## Summary
- Aggregate consideration of ~$155M minus GRIID net debt; closing expected by March 31, 2025, subject to shareholder and regulatory approvals.
- CleanSpark provides $55.9M senior secured term loan to GRIID at 8.5% interest, maturing June 2025 or 90 days after deal termination.
- Colocation hosting agreement: CleanSpark will host mining equipment at GRIID facilities; initial 1-year term with auto-renewal; $1M refundable deposit.
- Voting agreements with Griid Holdings (42.34%) and Adit EdTech (9.78%) securing ~52% of GRIID shares to vote in favor.

## SEC filing metadata
- accession: 0000950170-24-078530
- 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: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827876/000095017024078530/0000950170-24-078530-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000095017024078530/clsk-20240626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-078530
- JSON: https://secwatch.observer/filing/0000950170-24-078530.json
- Plain text: https://secwatch.observer/filing/0000950170-24-078530.txt

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