Business Combination merger consideration
Company: Core Scientific
The claim, verbatim
Core Scientific issued 87,344,633 shares of common stock as merger consideration in connection with the Business Combination at an acquiror share value of $10.00 per share
Source (primary)
Core Scientific 424B3 filed 2022-10-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “87,344,633 shares of common stock issued pursuant to the merger agreement (as defined below) in connection with the Business Combination (as defined below) as merger consideration at an acquiror share value of $10.00 per share”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states verbatim the share count, merger-consideration purpose, and $10.00 acquiror share value.
Confirmed in the source:
- Core Scientific issued 87,344,633 shares of common stock as merger consideration in the Business Combination
- The acquiror share value was $10.00 per share
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312522274001/d416148d424b3.htm) in full (12,170 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 424B3 filed 2022-10-31
Quote: “87,344,633 shares of common stock issued pursuant to the merger agreement (as defined below) in connection with the Business Combination (as defined below) as merger consideration at an acquiror share value of $10.00 per share”