Short answer
CLEANSPARK, INC. (CLSK) filed an 8-K current report with the SEC on September 18, 2026 reporting Item 8.01 (Other Events), Item EX-99.1 (Exhibit EX-99.1). $2.276B senior secured notes priced at 98.5% of principal, implying approximately $2.242B gross proceeds.
CLEANSPARK, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- $2.276B senior secured notes priced at 98.5% of principal, implying approximately $2.242B gross proceeds
- 7.875% coupon and 2031 maturity create substantial long-term interest obligations
- Offering expands secured leverage, potentially limiting borrowing flexibility and increasing creditor priority over shareholders
- Closing targeted for September 25, 2026, subject to customary conditions
- Institutional-only Rule 144A and Regulation S placement, limiting direct participation by most retail investors
Item EX-99.1 · Exhibit EX-99.1
- $2.276B senior secured notes priced at 7.875%, due 2031, at 98.500% of principal
- Proceeds fund Sandersville Facility construction, reimburse prior equity contributions, and establish debt-service reserves
- First-priority liens cover substantially all Issuer and CSRE Properties assets plus Issuer equity interests
- CleanSpark completion guarantee creates potential parent funding obligations if note proceeds prove insufficient
- Expected September 25, 2026 closing remains subject to customary conditions and market availability
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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