GlobeNewswire Inc | Feb 9, 2021 03:07PM EST

February 09, 2021

NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of CleanSpark, Inc. (NASDAQ: CLSK) between December 31, 2020 and January 14, 2021, inclusive (the Class Period).

To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=cleanspark-inc&id=2564 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or emailinfo@zhanginvestorlaw.comfor information on the class action.

http://zhanginvestorlaw.com/join-action-form/?slug=cleanspark-inc&id=2564

If you wish to serve as lead plaintiff, you must move the Court before the March 22, 2021 DEADLINE. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that- the Company had overstated its customer and contract figures; several of the Companys recent acquisitions involved undisclosed related party transactions; and as a result of the foregoing, defendants positive statements about the Companys business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time.

Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes.

Zhang Investor Law P.C. 99 Wall Street, Suite 232 New York, New York 10005info@zhanginvestorlaw.com tel: (800) 991-3756