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Additional new money DIP syndication from ad hoc noteholders

Company: Core Scientific

Subject kind
financing
Statement date
2023-04-03
Promised amount
18000000.0 USD
Current status
stated

The claim, verbatim

Ad hoc noteholder group agreed to support syndication of up to $18 million in new money DIP loans to all convertible note holders

Source (primary)

Core Scientific 10-K filed 2023-04-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “agreed to support the syndication of up to an additional $18 million in new money DIP (defined below) facility loans to all holders of convertible notes”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document confirms the $18 million new-money DIP syndication offered to all convertible note holders.

Confirmed in the source:

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: “agreed to support the syndication of up to an additional $18 million in new money DIP (defined below) facility loans to all holders of convertible notes”

View cached copy (2026-09-13)Live source ↗