Replacement DIP Facility authorized amount
Company: Core Scientific
The claim, verbatim
Non-amortizing super-priority senior secured term loan facility authorized for up to $70 million principal
Source (primary)
Core Scientific 8-K filed 2023-03-02 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Replacement DIP Facility, among other things, provides for a non-amortizing super-priority senior secured term loan facility in an aggregate principal amount not to exceed $70 million.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states verbatim that the facility is a non-amortizing super-priority senior secured term loan not to exceed $70 million.
Confirmed in the source:
- The Replacement DIP Facility provides for a non-amortizing super-priority senior secured term loan facility
- The facility's aggregate principal amount is not to exceed $70 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312523058334/d411824d8k.htm) in full (7,640 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 8-K filed 2023-03-02
Quote: “The Replacement DIP Facility, among other things, provides for a non-amortizing super-priority senior secured term loan facility in an aggregate principal amount not to exceed $70 million.”