DIP Administrative Agent upfront payment
Company: Core Scientific
The claim, verbatim
Administrative Agent received 3.5% of aggregate commitments as upfront payment on February 3, 2023
Source (primary)
Core Scientific 8-K filed 2023-03-02 (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 states the 3.5% upfront payment and the February 3, 2023 date.
Confirmed in the source:
- The Administrative Agent received an Upfront Payment equal to 3.5% of aggregate commitments
- The upfront payment occurred on February 3, 2023
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 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”