B. Riley Principal Capital II committed equity financing
Company: Core Scientific
The claim, verbatim
B. Riley Principal Capital II has committed to purchase up to $100,000,000 of shares of common stock at the company's direction pursuant to a purchase agreement dated July 20, 2022
Source (primary)
Core Scientific 424B3 filed 2022-10-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “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, subject to terms and conditions specified in the Purchase Agreement”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states both the $100,000,000 commitment and the July 20, 2022 date of the Purchase Agreement.
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 commitment was made pursuant to a purchase agreement dated July 20, 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312522260971/d409553d424b3.htm) in full (14,683 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 424B3 filed 2022-10-12
Quote: “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, subject to terms and conditions specified in the Purchase Agreement”