| Issuer / Guarantor | Cleanspark Inc |
|---|---|
| Size | USD 1150mn |
| Type | Convertible |
| Leads | Cantor Fitzgerald, BTIG |
| Maturity | 15 Feb 2032 (6.3 years) |
| Coupon | 0% (0%) |
| Premium | 27.5% (27.5 - 32.5%) |
| Calls | NC3.25; PC @ 130% w table MW |
| Puts | t/o @ 100% |
| Div protection | Ratio adjustment (Full) |
| T/o protection | Make-whole table |
| CoCo | 130% to Aug 2031 (5.8 yrs) |
| Announced | 10 Nov 2025 |