Cleanspark, Inc 8-K, filed Oct 29, 2021
Cleanspark, Inc. (CLSK)
About this 8-K
Cleanspark, Inc filed this 8-K on October 29, 2021.
Items reported
- Item 1.02: Ended a material agreement
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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| Item 1.02 | Termination of a Material Definitive Agreement. |
The information set forth in Item 5.02 of this Current Report on Form 8-K regarding the Employment Agreement (as defined in Item 5.02, below) is incorporated by reference into this Item 1.02.
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Effective October 29, 2021, as part of an internal realignment of roles and duties stemming from the Company’s focus on its non-energy segments’ significant growth, Amanda Kabak, the Chief Technology Officer of CleanSpark, Inc., a Nevada corporation (the “Company”), stepped down from her role as Chief Technology Officer. As a result, the employment agreement between the Company and Ms. Kabak, dated October 26, 2020 (the “Employment Agreement”), terminated effective as of October 29, 2021. Ms. Kabak has advised the Company that her decision to step down from the role of Chief Technology Officer was not based on any disagreement with the Company on any matter relating to its operations, policies or practices.
Ms. Kabak will continue to work for the Company in the role of VP of Software Architecture. The Company does not currently expect to replace the role of Chief Technology Officer at the corporate level, as all software development efforts will occur at the subsidiary level under the direction of the President of the Energy Division.
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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. | ||||
| Dated: October 29, 2021 | By: | /s/ Zachary K. Bradford | ||
| Zachary K. Bradford | ||||
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Chief Executive Officer and President |
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