XPDI Share Redemptions
Company: Core Scientific
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)
View cached copy (2026-09-13)Live source ↗
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
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states 12.3 million XPDI Class A shares were redeemed at approximately $10.00 per share for an aggregate of $123.5 million.
Confirmed in the source:
- 12.3 million shares of XPDI Class A common stock were redeemed
- The redemption price was approximately $10.00 per share
- The aggregate redemption amount was approximately $123.5 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828022023382/core-20220630.htm) in full (555,145 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
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.”