B. Riley stock purchase agreement
Company: Core Scientific
The claim, verbatim
Core Scientific entered into a Common Stock Purchase Agreement with B. Riley Principal Capital II, LLC on July 20, 2022, granting the Company the right to direct B. Riley to purchase up to $100,000,000 of common stock at the Company's sole discretion over a 24-month period from Commencement (when the registration statement becomes effective).
Source (primary)
Core Scientific 424B3 filed 2022-07-21 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company will have the right to sell to B. Riley, up to $100,000,000 of shares of the Company's common stock, par value $0.0001 per share (the "Common Stock"), subject to certain limitations and conditions set forth in the Purchase Agreement, from time to time during the term of the Purchase Agreement”
How we checked this
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Additional evidence
confirms Core Scientific 424B3 filed 2022-07-21
Quote: “the Company will have the right to sell to B. Riley, up to $100,000,000 of shares of the Company's common stock, par value $0.0001 per share (the "Common Stock"), subject to certain limitations and conditions set forth in the Purchase Agreement, from time to time during the term of the Purchase Agreement”