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B. Riley $100M equity commitment

Company: Core Scientific

Subject kind
financing
Statement date
2022-10-26
Promised amount
100000000.0 USD
Current status
stated

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)
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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

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 2022-10-27

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”

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