Bridge promissory notes from B. Riley Commercial Capital
Company: Core Scientific
The claim, verbatim
Entered into two bridge promissory notes totaling $75 million ($60 million with B. Riley Commercial Capital, LLC and $15 million with an affiliate) maturing December 7, 2022, bearing interest at 7% per annum, amortizing in equal monthly installments starting August 1, 2022
Source (primary)
Core Scientific 8-K filed 2022-04-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “entered into two bridge promissory notes, one in an aggregate principal amount of $60 million with B. Riley Commercial Capital, LLC and one in an aggregate principal amount of $15 million with an affiliate of B. Riley Commercial Capital, LLC (the "Notes"). The Notes mature on December 7, 2022, bear interest at a rate of 7% per annum and amortize in equal monthly installments starting on August 1, 2022.”
How we checked this
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Additional evidence
confirms Core Scientific 8-K filed 2022-04-08
Quote: “entered into two bridge promissory notes, one in an aggregate principal amount of $60 million with B. Riley Commercial Capital, LLC and one in an aggregate principal amount of $15 million with an affiliate of B. Riley Commercial Capital, LLC (the "Notes"). The Notes mature on December 7, 2022, bear interest at a rate of 7% per annum and amortize in equal monthly installments starting on August 1, 2022.”