DIP Lenders exit premium obligation
Company: Core Scientific
The claim, verbatim
Replacement DIP Lenders will receive 5% of loan amounts being repaid or satisfied as exit premium, payable in cash
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 Lenders 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 document establishes the 5% cash exit premium for the DIP Lenders.
Confirmed in the source:
- Replacement DIP Lenders will receive an Exit Premium of 5% of loan amounts being repaid, reduced or satisfied
- The Exit Premium is payable in cash
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 Lenders will receive an Exit Premium equal to 5% of the amount of the Loans being repaid, reduced or satisfied, payable in cash.”