![]() The Company has tried to identify these forward-looking statements by using words such as "expect," "target," "anticipate," "believe," "could," "should," "estimate," "intend," "may," "will," "plan," "goal" and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the expectations, beliefs, plans, intentions and strategies of the Company. For more information about the Company, please visit the Company's website at. “We look forward to having him on the team.”ĬleanSpark, Inc., a Nevada corporation, is a sustainable bitcoin mining and energy technology company that is solving modern energy challenges. ![]() His extensive audit experience will streamline our internal controls and reporting procedures,” said Matthew Schultz, CleanSpark’s Executive Chairman. He brings substantial institutional experience and leadership to CleanSpark. ![]() “Gary quickly rose to the top of our list based on his work with high-growth companies. The Company engaged a national executive search firm and chose Vecchiarelli from a pool of exceptional candidates. Love will work in a limited capacity during the transition. Vecchiarelli begins his tenure effective today. ![]() “I’m thankful for the Board’s confidence and I look forward to leading the teams that have worked so diligently to advance CleanSpark’s standing on the global stage.” “CleanSpark is at an incredible stage of development, transforming energy-intensive bitcoin mining into a sustainable and efficient enterprise, all while protecting shareholder value.” Vecchiarelli said. During his tenure in public accounting, his clients ranged in size from $50 million to over $1 billion in various industries. Vecchiarelli brings deep experience in public accounting to CleanSpark, most notably for his role in opening BDO’s Las Vegas audit practice. Previously, he led finance operations for Golden Entertainment and Galaxy Gaming. Vecchiarelli was most recently Chief Financial Officer for Imatrex, a high-tech medical imaging solutions company. “We believe his substantial experience with capital markets and his ability to effectively lead and communicate strategic priorities will bring immediate value to shareholders.” “Gary is a great addition to CleanSpark,” said Zach Bradford, CEO. He has held senior positions with multiple publicly traded, high-growth companies, where he specialized in strategic planning, mergers and acquisitions, and debt financing. Vecchiarelli, a certified public accountant in Nevada and California, possesses more than two decades of technical, operational, and strategic experience in finance and accounting. Vecchiarelli succeeds outgoing CFO, Lori Love. Vecchiarelli Chief Financial Officer of the Company. 15, 2021 (GLOBE NEWSWIRE) - CleanSpark, Inc. (Nasdaq: CLSK) (the "Company" or "CleanSpark"), a sustainable bitcoin mining and energy technology company, today announced that its board of directors has appointed Gary A. Note: The Weighted Alpha is limited in the amount it may change from one day to the next, thus eliminating large price jumps from the calculation.LAS VEGAS, Dec. A stock whose price has not changed in the period will have a small Weighted Alpha and a stock whose price has dropped over the period will have a negative Weighted Alpha. Thus the weighted alpha is a measure of one year growth with an emphasis on the most recent price activity.Ī stock whose price has risen over the one-year period will have a positive Weighted Alpha. The original research was restricted to large cap stocks, so the corresponding rise in the S&P 500 index was subtracted however, as there are a number of interesting stocks that do not fit well into any category, and others that fit into more than one category, the results are presented without subtracting any index.ī takes this Alpha (measure of how much a stock has changed in the one-year period) and weights this, assigning more weight to recent activity, and less (0.5 factor) to activity at the beginning of the period. Weighted Alpha is a measure of how much a stock has risen or fallen over a one-year period. In the table, you'll find all the components (individual stock symbols) found in that sector, ranking them by their Weighted Alpha (a rating of growth patterns in a one-year period). The Competitors page allows you to view information for other symbols found in the same sector.
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