jain.com

SPAC business combination with XPDI

Company: Core Scientific

Subject kind
acquisition
Statement date
2023-04-03
Current status
stated

The claim, verbatim

Entered into merger agreement with XPDI (Power & Digital Infrastructure Acquisition Corp.) on July 20, 2021 for business combination; XPDI stockholders approved transaction on January 19, 2022; XPDI changed its name to Core Scientific, Inc.

Source (primary)

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

Quote: “On July 20, 2021, XPDI, Core Scientific Holding Co., and XPDI Merger Sub entered into a merger agreement (the "Merger Agreement")... XPDI's stockholders approved the transactions contemplated by the Business Combination at a special meeting of stockholders held on January 19, 2022”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Core Scientific 10-K filed 2023-04-04

Quote: “On July 20, 2021, XPDI, Core Scientific Holding Co., and XPDI Merger Sub entered into a merger agreement (the "Merger Agreement")... XPDI's stockholders approved the transactions contemplated by the Business Combination at a special meeting of stockholders held on January 19, 2022”

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