Anticipated DIP facility mandatory prepayment
Company: Core Scientific
What the later record shows
Outcome not yet confirmed
No passage mentions a $5.0 million mandatory prepayment around July 10, 2023. The passages only describe the January 4, 2024 prepayment of the remaining $4.5 million balance.
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The Debtors are anticipated to make an additional $5.0 million mandatory prepayment under the Replacement DIP Credit Agreement on or before July 10, 2023.
Source (primary)
Core Scientific 8-K filed 2023-07-06 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “This Excess Cash threshold amount reduction is anticipated to result in the Debtors making an additional $5.0 million mandatory prepayment under the Replacement DIP Credit Agreement on or before July 10, 2023.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states that the Excess Cash threshold reduction is anticipated to result in the Debtors making an additional $5.0 million mandatory prepayment under the Replacement DIP Credit Agreement on or before July 10, 2023, matching every element of the claim.
Confirmed in the source:
- The Debtors are anticipated to make an additional mandatory prepayment under the Replacement DIP Credit Agreement
- The anticipated additional mandatory prepayment amount is $5.0 million
- The anticipated prepayment is to be made on or before July 10, 2023
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312523182498/d530352d8k.htm) in full (6,037 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 8-K filed 2023-07-06
Quote: “This Excess Cash threshold amount reduction is anticipated to result in the Debtors making an additional $5.0 million mandatory prepayment under the Replacement DIP Credit Agreement on or before July 10, 2023.”