CleanSpark Discloses Warrant Agreement Error Leading to Nasdaq Trading Halt

CLEANSPARK, INC.

Nasdaq halted trading of CleanSpark securities on November 7, 2024, due to an error in the warrant agreement from the GRIID acquisition.
The Form 8-A erroneously stated each warrant would be exercisable for one share instead of 0.069593885 shares of common stock.
13,800,000 warrants remained outstanding representing the right to purchase 960,395 shares of common stock at $165.24 per share.
The trading halt for common stock (CLSK) was lifted on November 11, 2024, but the halt for warrants (CLSKW) continues.
CleanSpark filed an amended Form 8-A/A on November 8, 2024 to correct the warrant terms and exchange ratio.

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