---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-211220"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2024-08-30T23:59:59+00:00"
generated_at: "2026-05-31T06:54:27.333124+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CleanSpark issues Series X Preferred to director, reduces quorum to 1/3 for authorized share vote

## Summary
- Sold 1M shares of Series X Preferred to independent director Thomas Wood for $1,000; each share has 1,000 votes only on proposal to increase authorized common from 300M to 600M shares.
- Board amended bylaws to reduce stockholder meeting quorum from majority to one-third of voting power, effective Aug 28, 2024.
- Series X Preferred is non-convertible, pays no dividends, and is redeemable at $1,000 after the shareholder vote or at Board's discretion.
- The Series X Preferred will vote proportionally to common and Series A preferred votes on the authorized share increase; no other voting rights.

## SEC filing metadata
- accession: 0001193125-24-211220
- form_type: 8-K
- ticker: CLSK
- cik: 0000827876
- company_name: CLEANSPARK, INC.
- filed_at: 2024-08-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.03, 3.02, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827876/000119312524211220/0001193125-24-211220-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000119312524211220/d890188d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-211220
- JSON: https://secwatch.observer/filing/0001193125-24-211220.json
- Plain text: https://secwatch.observer/filing/0001193125-24-211220.txt

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