Xponance Inc. Purchases Shares of CleanSpark, Inc.

Cleanspark Inc. (Nasdaq: CLSK) Shares Purchased by Xponance Inc.

March 30, 2023 - In a filing with the Securities and Exchange Commission (SEC), Xponance Inc. has revealed that it has acquired a significant stake in Cleanspark Inc. (Nasdaq: CLSK), a provider of clean energy solutions.

According to the filing, Xponance Inc. purchased 1,000,000 shares of Cleanspark Inc. common stock, representing approximately 5.1% of the company's outstanding shares. The transaction was executed on March 29, 2023, at an average price of $4.86 per share, with a total value of approximately $4,860,000.

Cleanspark Inc. is a leading provider of clean energy solutions, including solar and energy storage systems. The company's products and services are designed to help customers reduce their carbon footprint and transition to a more sustainable energy future.

Xponance Inc. is a leading investment management firm that focuses on providing innovative investment solutions to its clients. The company has a strong track record of identifying and investing in companies that are driving positive change in their industries.

The acquisition of Cleanspark Inc. shares by Xponance Inc. is seen as a vote of confidence in the company's growth prospects and its commitment to providing clean energy solutions. The transaction is also expected to provide Xponance Inc. with a significant stake in a company that is well-positioned to benefit from the growing demand for clean energy solutions.

Cleanspark Inc. shares have been trading higher in recent days, driven by the company's strong financial performance and its growing presence in the clean energy market. The company's shares are currently trading at around $5.50 per share, up around 15% from their 52-week low.

The acquisition of Cleanspark Inc. shares by Xponance Inc. is the latest in a series of investments made by the firm in companies that are driving positive change in their industries. Xponance Inc. is committed to providing innovative investment solutions to its clients and to supporting companies that are making a positive impact on the world.