---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-135774"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2024-12-12T23:59:59+00:00"
generated_at: "2026-05-29T04:29:38.423292+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CleanSpark announces $550M convertible notes offering due 2030; up to $125M for share repurchase

## Summary
- $550M principal amount, plus option for $100M; notes due 2030, no interest.
- Up to $125M of net proceeds to repurchase common stock from note investors.
- Remaining proceeds for Coinbase credit line repayment, capex, acquisitions, general corporate.
- Capped call transactions to reduce dilution upon conversion; company may elect cash or shares.
- Offering to QIBs under Rule 144A; not registered under Securities Act.

## SEC filing metadata
- accession: 0000950170-24-135774
- form_type: 8-K
- ticker: CLSK
- cik: 0000827876
- company_name: CLEANSPARK, INC.
- filed_at: 2024-12-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- 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/827876/000095017024135774/0000950170-24-135774-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000095017024135774/clsk-20241212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-135774
- JSON: https://secwatch.observer/filing/0000950170-24-135774.json
- Plain text: https://secwatch.observer/filing/0000950170-24-135774.txt

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