Merger with XPDI (Power & Digital Infrastructure Acquisition Corp.)
Company: Core Scientific
The claim, verbatim
Core Scientific Holding Co. merged with Power & Digital Infrastructure Acquisition Corp. (XPDI) on January 19-20, 2022, with XPDI surviving and changing its name to Core Scientific, Inc.
Source (primary)
Core Scientific 424B3 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")”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the January 19, 2022 merger, the January 20 Second Merger with XPDI surviving, and XPDI's name change to Core Scientific, Inc.
Confirmed in the source:
- Core Scientific Holding Co. merged with Power & Digital Infrastructure Acquisition Corp. (XPDI) beginning January 19, 2022
- The merger structure had XPDI surviving (via the Second Merger on January 20, 2022)
- XPDI changed its name to Core Scientific, Inc. in connection with the merger
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828022023415/q22022corescientificinc-42.htm) in full (504,757 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 424B3 filed 2022-08-22
Quote: “On January 19, 2022, Core Scientific Holding Co. merged with Power & Digital Infrastructure Acquisition Corp., a Delaware corporation ("XPDI")”