Initial conversion price ~$22.49
Company: Core Scientific
The claim, verbatim
The initial conversion rate is 44.4587 shares per $1,000 principal, an initial conversion price of about $22.49 per share, a ~42.5% premium over the December 2, 2024 VWAP of $15.7844.
Source (primary)
core-scientific 8-K exhibit (exhibit992pricingpressrele.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-24)Live source ↗
Quote: “which represents an initial conversion price of approximately $22.49 per share of common stock”
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 (exhibit992pricingpressrele.htm)
Quote: “which represents an initial conversion price of approximately $22.49 per share of common stock”