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Material weakness in accounting and technical expertise supervision

Company: Core Scientific

Subject kind
regulatory
Statement date
2022-10-27
Current status
stated

The claim, verbatim

Material weakness identified in insufficient accounting and supervision with respect to appropriate level of technical accounting experience and processes to assess and apply relevant accounting framework, particularly in new or non-routine areas

Source (primary)

Core Scientific 8-K filed 2022-10-28 (SEC EDGAR, sec_filing)
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Quote: “insufficient accounting and supervision with respect to the appropriate level of technical accounting experience and appropriate processes and procedures to assess and apply the relevant accounting framework, particularly in new or non-routine areas”

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 8-K filed 2022-10-28

Quote: “insufficient accounting and supervision with respect to the appropriate level of technical accounting experience and appropriate processes and procedures to assess and apply the relevant accounting framework, particularly in new or non-routine areas”

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