Bridge notes amortization schedule
Company: Core Scientific
The claim, verbatim
The bridge notes amortize through May 2023 with scheduled monthly payments totaling $75 million, with payments ranging from $4.875 million to $18 million per installment
Source (primary)
Core Scientific 8-K filed 2022-08-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Notes bear interest at a rate of 7% per annum and amortize collectively as follows: Payment Dates Payment Amount August 1, 2022 $ 18,000,000 September 1, 2022 $ 4,875,000 October 1, 2022 $ 4,875,000 November 1, 2022 $ 4,875,000 December 1, 2022 $ 4,875,000 January 1, 2023 $ 6,250,000 February 1, 2023 $ 6,250,000 March 1, 2023 $ 6,250,000 April 1, 2023 $ 6,250,000 May 1, 2023 $ 6,250,000”
How we checked this
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Additional evidence
confirms Core Scientific 8-K filed 2022-08-04
Quote: “The Notes bear interest at a rate of 7% per annum and amortize collectively as follows: Payment Dates Payment Amount August 1, 2022 $ 18,000,000 September 1, 2022 $ 4,875,000 October 1, 2022 $ 4,875,000 November 1, 2022 $ 4,875,000 December 1, 2022 $ 4,875,000 January 1, 2023 $ 6,250,000 February 1, 2023 $ 6,250,000 March 1, 2023 $ 6,250,000 April 1, 2023 $ 6,250,000 May 1, 2023 $ 6,250,000”