jain.com

Exchange ratio premium and negotiated increase

Company: Core Scientific

Subject kind
acquisition
Statement date
2025-10-14
Promised amount
71.0 percent
Current status
stated

The claim, verbatim

The 0.1235 exchange ratio is a ~71% premium to the 10-day VWAP exchange ratio as of June 25, 2025, and is ~34% higher than CoreWeave's initial offer of 0.092.

Source (primary)

core-scientific 8-K exhibit (ef20057150_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-28)Live source ↗

Quote: “Exchange ratio of 0.1235 reflects a ~71% premium to the 10-day VWAP exchange ratio as of June 25, 2025”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms core-scientific 8-K exhibit (ef20057150_ex99-1.htm)

Quote: “Exchange ratio of 0.1235 reflects a ~71% premium to the 10-day VWAP exchange ratio as of June 25, 2025”

View cached copy (2026-09-28)Live source ↗