jain.com

Replacement DIP exit premium

Company: Core Scientific

Subject kind
financing
Statement date
2023-04-03
Promised amount
5.0 percent
Current status
stated

The claim, verbatim

Replacement DIP Lender will receive exit premium equal to 5% of amount of loans being repaid, reduced or satisfied, 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 5% exit premium payable in cash is stated verbatim.

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: “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”

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