CleanSpark adds $40M delayed draw loan for GRIID; $5M drawn immediately

CLEANSPARK, INC.

Total loan facility: $55.9M initial term loan plus $40M delayed draw; $5M drawn Aug 5, 2024.
Interest rate 8.5% per annum; maturity June 26, 2025 or 90 days after merger termination.
Loan supports GRIID funding needs pending CleanSpark-GRIID merger under June 2024 agreement.

item 1.01 item 9.01

CLEANSPARK, INC. filing history →

Source: SEC EDGAR

accession 0000950170-24-090899

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