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$300M Restricted Cash Expected to be Freed

Company: Core Scientific

Subject kind
financing
Statement date
2026-09-09
Promised amount
300.0 USD
Current status
stated

The claim, verbatim

The credit facilities are expected to free about US$300 million of restricted cash for working capital and corporate use

Source (primary)

How Investors Are Reacting To Core Scientific (CORZ) $600 Million Credit Deal - simplywall.st (-, news_article)
View cached copy (2026-09-12)Live source ↗

Quote: “expected to free about US$300 million of restricted cash for working capital and corporate use”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms How Investors Are Reacting To Core Scientific (CORZ) $600 Million Credit Deal - simplywall.st

Quote: “expected to free about US$300 million of restricted cash for working capital and corporate use”

View cached copy (2026-09-12)Live source ↗