DIP Facility upfront fee to administrative agent
Company: Core Scientific
The claim, verbatim
Administrative Agent received upfront payment equal to 3.5% of aggregate commitments, payable in kind
Source (primary)
Core Scientific 10-K filed 2023-04-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Administrative Agent received an upfront payment equal to 3.5% of the aggregate commitments under the Replacement DIP Facility on February 3, 2023, payable in kind”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document confirms the 3.5% upfront payment payable in kind.
Confirmed in the source:
- The Administrative Agent received an upfront payment equal to 3.5% of aggregate commitments
- The upfront payment was payable in kind
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 Administrative Agent received an upfront payment equal to 3.5% of the aggregate commitments under the Replacement DIP Facility on February 3, 2023, payable in kind”