B. Riley $100M equity commitment
Company: Core Scientific
The claim, verbatim
B. Riley Principal Capital II committed to purchase, at the company's discretion, up to $100,000,000 of Core Scientific common stock pursuant to a purchase agreement executed on July 20, 2022
Source (primary)
Core Scientific 424B3 filed 2022-10-27 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “a common stock purchase agreement we entered into with B. Riley Principal Capital II on July 20, 2022 (the "Purchase Agreement"), in which B. Riley Principal Capital II has committed to purchase from us, at our direction, up to $100,000,000 of shares of our Common Stock”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the July 20, 2022 purchase agreement and the $100 million commitment at the company's discretion.
Confirmed in the source:
- B. Riley Principal Capital II committed to purchase up to $100,000,000 of Core Scientific common stock at the company's direction
- The purchase agreement was entered into on July 20, 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312522270429/d395956d424b3.htm) in full (18,255 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 424B3 filed 2022-10-27
Quote: “a common stock purchase agreement we entered into with B. Riley Principal Capital II on July 20, 2022 (the "Purchase Agreement"), in which B. Riley Principal Capital II has committed to purchase from us, at our direction, up to $100,000,000 of shares of our Common Stock”