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Initial conversion price ~$11.00/share

Company: Core Scientific

Subject kind
financing
Statement date
2024-08-18
Promised amount
11.0 USD
Current status
stated

The claim, verbatim

Initial conversion rate is 90.9256 shares per $1,000 principal, an initial conversion price of about $11.00 per share, roughly a 30% premium to the $8.46 close on August 13, 2024.

Source (primary)

core-scientific 8-K exhibit (ex992pricingpressrelease.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “which represents an initial conversion price of approximately $11.00 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 (ex992pricingpressrelease.htm)

Quote: “which represents an initial conversion price of approximately $11.00 per share of common stock”

View cached copy (2026-10-30)Live source ↗