![]() Except as specifically modified hereby, all of the provisions of the SPA, which are not in conflict with the terms of this Amendment, shall remain in full force and effect. This Amendment shall be deemed part of, but shall take precedence over and supersede any provisions to the contrary contained in the SPA. The Aggregate Value shall mean the number of Returnable Shares and Initial Commitment Shares in the aggregate multiplied by the closing price of the Company’s common stock on the date of this Agreement.”Ģ. If (i) the Second Market Price (as defined below) as calculated on Decem(the “Make-Whole Date”) is lower than the closing price of the Common Stock on J(the “First Market Price”) and (ii) the Note has not been repaid in full by September 24, 2018, then the Company shall within two (2) business days of the Buyer’s request, issue additional shares of its Common Stock to Buyer, equal to 50% of the Aggregate Value (as defined below) divided by the Second Market Price, minus the number of the Initial Commitment Shares and Returnable Shares (the result of which shall be referred to herein as the “Second Commitment Shares”). The Commitment Shares shall be deemed earned in full as of the Closing Date. “In connection with the funding of the First Tranche of the Note, the Company shall issue 150,000 shares of the Company’s common stock (the “Initial Commitment Shares”) to Buyer as a commitment fee. ![]() The fourth, fifth, and sixth sentences of Section 1a of the SPA shall be replaced in its entirety with the NOW THEREFORE, in consideration of the execution and delivery of the Amendment and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:ġ. On average, analysts rate CleanSpark stock as a buy. The lowest target is 5.05 and the highest is 12.6. The Parties desire to amend the SPA as set forth expressly below. Stock Price Forecast According to 10 stock analysts, the average 12-month stock price forecast for CleanSpark stock is 7.65, which predicts an increase of 184.39. Compared to the opening price on Monday on NAS of 2.70, this is a drop of 4.65. The Company and Holder are the parties to that certain securities purchase agreement (the “SPA”) dated Jand On Monday the closing price of the Cleanspark Inc Registered Shs share was 2.58 on NAS. Is made effective as of July 6, 2018, by and between Cleanspark, Inc., a Nevada corporation (the “Company”), and Auctus Fund, LLC, a Delaware limited liability company (the “Holder”) (collectively the “Parties”). THIS AMENDMENT #1 (the “Amendment”) TO THE SECURITIES PURCHASE AGREEMENT dated July 2, 2018, Past performance is a poor indicator of future performance.AMENDMENT #1 TO THE SECURITIES PURCHASE AGREEMENT DATED JULY 2, 2018 In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on or relating to the use of, or inability to use, or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Under no circumstances does any information posted on represent a recommendation to buy or sell a security. Is not operated by a broker, a dealer, or a registered investment adviser. The Company’s wholly owned subsidiary is p2kLabs, Inc., which provides design, software development, and other technology-based consulting services. ![]() The Digital Currency Mining segment, through its wholly owned subsidiaries, ATL Data Centers LLC (ATL) and CleanBlok, Inc. The firm provides the Energy segment through its wholly owned subsidiaries, which include CleanSpark, LLC, CleanSpark Critical Power Systems, Inc., GridFabric, LLC and Solar Watt Solutions, Inc. The Energy Segment consists of engineering, design and software solutions, custom hardware solutions, Open Automated Demand Response (OpenADR), solar, energy storage for microgrid and distributed energy systems to military, commercial and residential customers in Southern California and throughout the world. The firm operates through two segments: Digital Currency Mining and Energy. The company is headquartered in Henderson, Nevada and currently employs 86 full-time employees. is a sustainable bitcoin mining and energy technology company that is focused on solving modern energy challenges.
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