Company: CLSKW
Filing Date: 2025-09-23
Form Type: 8-K
Source: 0001193125-25-213437
Chunk: 1

Company: CLEANSPARK, INC.
Filing Date: 2025-09-23
Form: 8-K
Item: Item 1.01
Chunk 1
---
 margin threshold, the Company must promptly post additional collateral or repay a portion of the loan. Failure to maintain sufficient collateral can result in an event of default and remedies available to Coinbase, including the right to liquidate pledged collateral.

The Coinbase Master Loan Agreement contains representations and warranties and affirmative and negative covenants customary for financings of this type, as well as customary events of default.

The foregoing is a summary of the material terms of the Coinbase Master Loan Agreement, and it is qualified in its entirety by reference to the full text of the Coinbase Master Loan Agreement, a copy of which was filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on April 16, 2025 and the Side Letter, a copy of which is filed as Exhibit 10.1 hereto, and are incorporated herein by reference.