Monitor for further selling by Bank of Nova Scotia or other large holders. The reduction below 5% removes the filing obligation for this investor, so future sales may occur without public disclosure. Watch for any insider selling or additional 13G amendments from other institutional holders.
Price Chart
Executive Summary
Bank of Nova Scotia filed an amendment to its Schedule 13G, reporting a passive stake of 3.9% in Cleanspark, Inc. as of September 30, 2026. The filing shows a decrease from a prior 5%+ stake, as the bank now holds 10,331,158 shares, down from an undisclosed higher amount. This reduction signals a notable exit from a significant position, which is bearish for sentiment.
Key Financial Metrics
Key Facts
- Bank of Nova Scotia reported beneficial ownership of 10,331,158 shares of Cleanspark common stock as of September 30, 2026.
- The stake represents 3.9% of shares outstanding, down from a prior level above 5% (based on the amendment filing).
- The filing is an amendment to Schedule 13G, indicating the investor remains passive and has not converted to an activist 13D.
- The bank certified it is a parent holding company under Rule 13d-1(b)(1)(ii)(g) and qualifies as a foreign institution.
Financial Impact
Bank of Nova Scotia reduced its stake in Cleanspark from above 5% to 3.9%, representing a decrease of at least 1.1% of shares outstanding. The exact prior stake and share count are not disclosed in this filing.
Risk Factors
- Continued institutional selling pressure as a major holder reduces its position.
- Potential negative signal to other investors that a sophisticated financial institution is reducing exposure.
- Lack of visibility into future sales by Bank of Nova Scotia now that it is below the 5% threshold.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G/A Filing (Primary) | 0000009631-26-000029 |
| Document: 0000009631-26-000029-index.html | 0000009631-26-000029 |
| Document: 0000009631-26-000029.txt | 0000009631-26-000029 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 8d ago | SC 13G/A | $8.46 $7.77 | ▼ −8.16% | ▼ −8.01% | $8.02 (−5.14%) |
Oct 19, 2026 8d ago | SC 13G/A | $8.46 $7.77 | ▲ +8.16% | ▲ +8.01% | $8.02 (+5.14%) |
Oct 19, 2026 8d ago | SC 13G/A | $8.46 $7.77 | ▼ −8.16% | ▼ −8.01% | $8.02 (−5.14%) |
Sep 25, 2026 4w ago | 8-K | $13.34 $12.48 | ▼ −6.45% | ▼ −7.65% | $8.02 (−39.84%) |
Sep 18, 2026 5w ago | 8-K | $14.76 $13.34 | ▼ −9.62% | ▼ −8.60% | $8.02 (−45.63%) |
Sep 17, 2026 5w ago | 8-K | $13.35 $14.26 | ▲ +6.82% | ▲ +6.22% | $8.02 (−39.89%) |
Aug 8, 2026 11w ago | Institutional Cluster | $11.59 $12.40 | ▲ +6.99% | ▲ +7.04% | $8.02 (−30.76%) |
Jul 30, 2026 12w ago | Press Release | $13.76 | awaiting T+5 | — | $8.02 (−41.68%) |
Jul 14, 2026 15w ago | 8-K | $13.45 $14.42 | ▲ +7.21% | ▲ +8.51% | $8.02 (−40.33%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers