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Common stock issued as consideration for CEF commitment

Company: Core Scientific

Subject kind
financing
Statement date
2022-10-30
Promised amount
573381.0 shares
Current status
stated

The claim, verbatim

573,381 shares of Common Stock were issued to B. Riley Principal Capital II as consideration for its commitment to purchase up to $100,000,000 of shares

Source (primary)

Core Scientific 424B3 filed 2022-10-31 (SEC EDGAR, sec_filing)
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Quote: “Concurrently with our execution of the Purchase Agreement on July 20, 2022, we issued 573,381 shares of Common Stock, which are part of the CEF Shares included in the Prospectus, to B. Riley Principal Capital II as consideration for its irrevocable commitment to purchase shares of our Common Stock”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Core Scientific 424B3 filed 2022-10-31

Quote: “Concurrently with our execution of the Purchase Agreement on July 20, 2022, we issued 573,381 shares of Common Stock, which are part of the CEF Shares included in the Prospectus, to B. Riley Principal Capital II as consideration for its irrevocable commitment to purchase shares of our Common Stock”

View cached copy (2026-09-13)Live source ↗