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Optional redemption on or after June 22, 2028

Company: Core Scientific

Subject kind
financing
Statement date
2024-12-04
Promised amount
130.0 percent
Current status
stated

The claim, verbatim

The notes will be redeemable for cash at Core Scientific's option on or after June 22, 2028, but only if the common stock price exceeds 130% of the conversion price for a specified period and other conditions are met.

Source (primary)

core-scientific 8-K exhibit (exhibit991launchpressrelea.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-24)Live source ↗

Quote: “redeemable, in whole or in part (subject to certain limitations), for cash at Core Scientific’s option at any time, and from time to time, on or after June 22, 2028”

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 (exhibit991launchpressrelea.htm)

Quote: “redeemable, in whole or in part (subject to certain limitations), for cash at Core Scientific’s option at any time, and from time to time, on or after June 22, 2028”

View cached copy (2026-10-24)Live source ↗