XPDI Merger Completed
Company: Core Scientific
The claim, verbatim
Core Scientific completed a reverse recapitalization merger with XPDI, with the First Merger occurring on January 19, 2022 and the Second Merger occurring on January 20, 2022. XPDI changed its name to Core Scientific, Inc.
Source (primary)
Core Scientific 10-Q filed 2022-08-22 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On January 19, 2022, Core Scientific Holding Co. merged with Power & Digital Infrastructure Acquisition Corp., a Delaware corporation ("XPDI"), and XPDI Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of XPDI ("Merger Sub"), consummated the transactions contemplated under the merger agreement... In connection with the closing of the merger, XPDI changed its name from Power & Digital Infrastructure Acquisition Corp. to Core Scientific, Inc.”
How we checked this
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Additional evidence
confirms Core Scientific 10-Q filed 2022-08-22
Quote: “On January 19, 2022, Core Scientific Holding Co. merged with Power & Digital Infrastructure Acquisition Corp., a Delaware corporation ("XPDI"), and XPDI Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of XPDI ("Merger Sub"), consummated the transactions contemplated under the merger agreement... In connection with the closing of the merger, XPDI changed its name from Power & Digital Infrastructure Acquisition Corp. to Core Scientific, Inc.”