DIP Facility exit premium to lenders
Company: Core Scientific
The claim, verbatim
Lender will receive exit premium equal to 5% of loans being repaid, payable in cash
Source (primary)
Core Scientific 10-K filed 2023-04-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Replacement DIP Lender will receive an exit premium equal to 5% of the amount of the loans being repaid, reduced or satisfied, payable in cash”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states verbatim the 5% exit premium payable in cash.
Confirmed in the source:
- The Replacement DIP Lender will receive an exit premium of 5% of the loans being repaid
- The exit premium is payable in cash
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 Replacement DIP Lender will receive an exit premium equal to 5% of the amount of the loans being repaid, reduced or satisfied, payable in cash”