---
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"
generated_at: "2026-10-12T13:26:04.672881+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CleanSpark unit closes $2.276B of 7.875% senior secured notes due 2031 to fund Sandersville data center

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-402944
- JSON: https://secwatch.observer/filing/0001193125-26-402944.json
- Plain text: https://secwatch.observer/filing/0001193125-26-402944.txt

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