09:50 AM EST - CleanSpark, Inc. : Announced that it has completed the strategic acquisition of Solar Watt Solutions, Inc., a Commercial and Residential Solar and Energy Storage Developer. Based on achievement of certain performance objectives, total consideration for the transaction will be up to 477,703 shares of the Company's common stock, and up to $3,850,000 in cash. "This acquisition brings a significant pipeline to drive strong revenue growth immediately as part of our new residential initiative," said Lori Love , Chief Financial Officer of CleanSpark. "We anticipate that the acquisition will contribute approximately $20 million in revenue over the next 12 to 18 months and potentially more as we expand into additional territories with critical energy needs." CleanSpark, Inc.
shares N.CLSK are trading up 9.81 percent at $29.00.
