---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-276014"
form_type: "8-K"
ticker: "CLSK"
cik: "0000827876"
company_name: "CLEANSPARK, INC."
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T21:59:14.493752+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CleanSpark prices $1.15B 0% convertible notes due 2032; plans $460M stock repurchase

## Summary
- $1.15B 0% convertible senior notes due 2032; initial conversion price $19.16 (27.5% premium to $15.03 close).
- Company to repurchase ~$460M of common stock from note investors at $15.03/share.
- Net proceeds ~$1.13B ($1.28B if overallotment exercised) for expansion, data centers, and repay bitcoin-backed credit lines.
- Closing expected Nov 13, 2025; initial purchasers have 13-day option for additional $150M.
- Notes convertible at CleanSpark's option into cash, shares, or both; no interest; mature Feb 15, 2032.

## SEC filing metadata
- accession: 0001193125-25-276014
- form_type: 8-K
- ticker: CLSK
- cik: 0000827876
- company_name: CLEANSPARK, INC.
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827876/000119312525276014/0001193125-25-276014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827876/000119312525276014/clsk-20251110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-276014
- JSON: https://secwatch.observer/filing/0001193125-25-276014.json
- Plain text: https://secwatch.observer/filing/0001193125-25-276014.txt

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