Advisory fee in common stock
Company: Core Scientific
The claim, verbatim
Core Scientific issued 386,697 shares of common stock to B. Riley Securities as an advisory fee valued at $750,000
Source (primary)
Core Scientific 8-K filed 2022-08-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “In connection with the execution of the Notes, the Company agreed to pay B. Riley Securities, Inc. ("BRS") an advisory fee of $750,000 (the "Advisory Fee") payable in fully paid and non-assessable shares of the Company's common stock, par value $0.0001 per share (the "Common Stock")... On August 1, 2022, the Company issued 386,697 shares of Common Stock to BRS in satisfaction of the Advisory Fee.”
How we checked this
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Additional evidence
confirms Core Scientific 8-K filed 2022-08-04
Quote: “In connection with the execution of the Notes, the Company agreed to pay B. Riley Securities, Inc. ("BRS") an advisory fee of $750,000 (the "Advisory Fee") payable in fully paid and non-assessable shares of the Company's common stock, par value $0.0001 per share (the "Common Stock")... On August 1, 2022, the Company issued 386,697 shares of Common Stock to BRS in satisfaction of the Advisory Fee.”