SPAC business combination merger agreement
Company: Core Scientific
The claim, verbatim
Entered into merger agreement on July 20, 2021 with XPDI (Power & Digital Infrastructure Acquisition Corp.) whereby Old Core's business was combined with XPDI and 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")... pursuant to which the business of Old Core was combined with XPDI and XPDI changed its name to Core Scientific, Inc. ("New Core" or the "Company")”
How we checked this
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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")... pursuant to which the business of Old Core was combined with XPDI and XPDI changed its name to Core Scientific, Inc. ("New Core" or the "Company")”