Original DIP Facility from ad hoc noteholders
Company: Core Scientific
The claim, verbatim
Ad hoc group of convertible noteholders (>70% of holders) agreed to provide commitments for debtor-in-possession facility of more than $57 million
Source (primary)
Core Scientific 10-K filed 2023-04-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Ad Hoc Noteholder Group agreed to provide commitments for a debtor-in-possession facility (the "Original DIP Facility") of more than $57 million”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The 10-K states the ad hoc noteholder group represented more than 70% of convertible note holders and committed to a DIP facility of more than $57 million.
Confirmed in the source:
- An ad hoc group of noteholders represented more than 70% of the holders of Core Scientific's convertible notes
- The Ad Hoc Noteholder Group agreed to provide commitments for a debtor-in-possession facility (the Original DIP Facility) of more than $57 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828023010454/core-20221231.htm) in full (860,799 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 10-K filed 2023-04-04
Quote: “the Ad Hoc Noteholder Group agreed to provide commitments for a debtor-in-possession facility (the "Original DIP Facility") of more than $57 million”