Friday, July 12, 2019 7:53:21 PM
NOTICE OF ACTION BY WRITTEN CONSENT OF STOCKHOLDERS
TO THE STOCKHOLDERS OF CLEANSPARK, INC.:
NOTICE IS HEREBY GIVEN that, on June 24, 2019, the holders of more than a majority of the voting power of CleanSpark, Inc., a Nevada corporation (“CleanSpark,” the “Company,” “we” or “us”), approved the following actions without a meeting of stockholders in accordance with the Nevada Revised Statutes:
· An amendment to our Articles of Incorporation, as amended, to effect an increase in our authorized shares of common stock from 100,000,000 to 200,000,000; and
· An offering of the following securities and related definitive agreements (the “Financing Transaction”) as follows:
o a 7.5% Senior Secured Redeemable Convertible Promissory Note of the Corporation to An otherwise unaffiliated investor, in the aggregate principal amount of $10,750,000 (the “Debenture”);
o three year, cash-only warrants to purchase 2,300,000 shares of common stock, with an exercise price of $3.50 per share with respect to 2,000,000 warrant shares, $4.00 with respect to 100,000 warrant shares, $5.00 with respect to 100,000 warrant shares, $7.50 with respect to 50,000 warrant shares and $10.00 with respect to 50,000 warrant shares (the “Warrants”);
o 1,250,000 shares of common stock (the “Common Stock”); and
o 2,150 shares of Series B Preferred Stock (the “Preferred Stock”).
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY
No action is required by you. Pursuant to Rule 14(c)-2 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the actions will not be adopted until a date at least twenty (20) days after the date the definitive Information Statement has been mailed to our stockholders. This Information Statement is first mailed to you on or about July 12, 2019. We anticipate that the actions contemplated herein will be effected on or about the close of business on August 1, 2019.
The smoker you drink, the player you get.
Recent CLSK News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 08:08:59 PM
- CleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 Million • PR Newswire (US) • 05/09/2024 08:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 01:10:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 01:05:13 PM
- CleanSpark Reports Second Quarter FY2024 Financial Results • PR Newswire (US) • 05/09/2024 01:00:00 PM
- U.S. Index Futures Dip, Bank of England Holds Interest Rates at 5.25% • IH Market News • 05/09/2024 11:47:20 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/09/2024 11:10:02 AM
- CleanSpark Names Chief Operating Officer and Chief Technology Officer • PR Newswire (US) • 05/08/2024 01:00:00 PM
- Bitcoin Surges Post Jobs Report, Coinbase Reveals $1.2 Billion 1Q Net Profit, and More Crypto News • IH Market News • 05/03/2024 07:26:30 PM
- CleanSpark Releases April 2024 Bitcoin Mining Update • PR Newswire (US) • 05/02/2024 01:00:00 PM
- CleanSpark Executives to Discuss Fiscal Second Quarter 2024 Financial Results • PR Newswire (US) • 04/24/2024 01:00:00 PM
- OKX Introduces X Layer for Scaling ETH, GBTC Holdings Halve Post-Launch, and More Crypto News • IH Market News • 04/16/2024 05:48:05 PM
- Aptos Declines Ahead of Token Unlock, Hong Kong Nears Approval of Crypto ETFs, and More Updates • IH Market News • 04/12/2024 06:14:12 PM
- CleanSpark Exceeds 17 EH/s, Exercises and Upgrades Previously Announced Option for 100,000 Bitcoin Mining Machines • PR Newswire (US) • 04/12/2024 01:00:00 PM
- CleanSpark Releases March 2024 Bitcoin Mining Update • PR Newswire (US) • 04/01/2024 11:00:00 AM
- Crypto: Bitcoin ETFs Experience 3 Consecutive Days of Outflows, CryptoPunk Fetches $16.42M in Sale, and More • IH Market News • 03/21/2024 07:17:25 PM
- CleanSpark Releases February 2024 Bitcoin Mining Update • PR Newswire (US) • 03/01/2024 02:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 02:43:04 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 02:39:47 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 02:37:06 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 09:58:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 09:55:20 PM
- CleanSpark Exceeds 15 EH/s, Completes Acquisition of Mississippi Bitcoin Mining Data Centers • PR Newswire (US) • 02/27/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/16/2024 07:13:06 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM