{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-402944","form_type":"8-K","ticker":"CLSK","cik":"0000827876","company_name":"CLEANSPARK, INC.","filed_at":"2026-09-25T20:52:11+00:00","discovered_at":"2026-09-25T20:53:03.155404+00:00","generated_at":"2026-10-12T13:26:04.672881+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"CleanSpark unit closes $2.276B of 7.875% senior secured notes due 2031 to fund Sandersville data center","bullets":["CSDC Finance I, LLC sold $2.276B aggregate principal of 7.875% senior secured notes due Oct 1, 2031, issued at 98.500% of par; interest payable April 1 and Oct 1, first payment April 1, 2027.","Proceeds fund remaining cost of the Sandersville Facility data center in Sandersville, Georgia, reimburse CleanSpark for prior equity contributions, and fund debt service reserves.","Notes amortize semi-annually after the Final Commencement Date to a target debt service coverage ratio; callable from Oct 1, 2028, with a make-whole before then and 40% equity clawback.","CleanSpark gives a completion guarantee to fund the Issuer if proceeds fall short of completing the Sandersville Facility; change of control triggers a 101% repurchase offer.","Indenture restricts the Issuer and Subsidiary Guarantor from additional debt, dividends, liens, asset sales, and holding assets unrelated to the Sandersville Facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-402944","json":"https://secwatch.observer/filing/0001193125-26-402944.json","markdown":"https://secwatch.observer/filing/0001193125-26-402944.md","text":"https://secwatch.observer/filing/0001193125-26-402944.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/827876/000119312526402944/0001193125-26-402944-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/827876/000119312526402944/clsk-20260925.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:26:04.672881+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}