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XPDI Share Redemptions

Company: Core Scientific

Subject kind
financing
Statement date
2022-08-21
Current status
stated

The claim, verbatim

12.3 million shares of XPDI Class A common stock were redeemed by shareholders at approximately $10.00 per share for an aggregate amount of approximately $123.5 million.

Source (primary)

Core Scientific 10-Q filed 2022-08-22 (SEC EDGAR, sec_filing)
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Quote: “holders of 12.3 million of the 34.5 million then-outstanding shares of Class A common stock of XPDI exercised their right to redeem their shares for cash at a redemption price of approximately $ 10.00 per share, for an aggregate redemption amount of $ 123.5 million.”

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 10-Q filed 2022-08-22

Quote: “holders of 12.3 million of the 34.5 million then-outstanding shares of Class A common stock of XPDI exercised their right to redeem their shares for cash at a redemption price of approximately $ 10.00 per share, for an aggregate redemption amount of $ 123.5 million.”

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