0000827876trueCLEANSPARK, INC.00008278762022-08-172022-08-17

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K/A

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 17, 2022

 

 

CleanSpark, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Nevada

001-39187

87-0449945

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

2370 Corporate Circle, Suite 160

 

Henderson, Nevada

 

89074

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (702) 941-8047

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $0.001 per share

 

CLSK

 

The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 


Explanatory Note

 

This Amendment No. 1 (this “Amendment”) to the Current Report on Form 8-K of CleanSpark, Inc. (the “Company”) originally filed on August 23, 2022 (the “Original 8-K”) is being filed to include the financial statements of WAHA Technologies, Inc. (“WAHA”) and SPRE Commercial Group, Inc. (“SPRE”) and combined pro forma financial information pursuant to Items 2.01 and 9.01 of Form 8-K. The Original 8-K was filed in connection with the Company’s acquisition of certain real property located in Wilkes County, GA from SPRE and of a mix of S19 and S19 J Pro bitcoin miners from WAHA (the “Transaction”).

Item 2.01 Completion of Acquisition or Disposition of Assets.

Reference is made to the Original 8-K for a description of the Transaction, which description is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

a) Financial statements of businesses or funds acquired.

The audited combined financial statements of WAHA Technologies, Inc. and SPRE Commercial Group, Inc. as of and for the fiscal year ended December 31, 2021, together with the notes thereto and auditor’s report thereon are filed as Exhibit 99.1 and are incorporated herein by reference. The unaudited interim financial statements of WAHA Technologies, Inc. and SPRE Commercial Group, Inc. as of and for the six months ended June 30, 2022, together with the notes thereto are being filed as Exhibit 99.2 and are incorporated herein by reference. The consent of BPS & Associates, LLC, auditors of the combined financial statements of WAHA and SPRE, to the inclusion of its report with the audited combined financial statements of WAHA and SPRE is attached hereto as Exhibit 23.1 to this Current Report.

(b) Pro forma financial information.

The unaudited pro forma condensed combined financial information of the Company as of and for the nine months ended June 30, 2022 and as of and for the year ended September 30, 2021, and notes related thereto, are filed as Exhibit 99.3 and incorporated by reference herein.

(d) Exhibits.

 

Exhibit
Number

 

Description

 

 

 

23.1

 

Consent of BPS & Associates, LLC, auditors of the combined financial statements of WAHA and SPRE.

99.1

 

Audited combined financial statements of WAHA Technologies, Inc. and SPRE Commercial Group, Inc. as of and for the year ended December 31, 2021.

99.2

 

Unaudited interim financial statements of WAHA Technologies, Inc. and SPRE Commercial Group, Inc. as of and for the six months ended June 30, 2022.

99.3

 

Unaudited pro forma condensed combined financial information of the Company as of and for the nine months ended June 30, 2022 and for the year ended September 30, 2021.

104

 

Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline Instance XBRL document

 

 



 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

CLEANSPARK, INC.

 

 

 

 

Date:

November 2, 2022

By:

/s/ Gary A. Vecchiarelli

 

 

 

Name: Gary A. Vecchiarelli
Title: Chief Financial Officer