jain.com

Tranche 1 warrants potential $670M proceeds

Company: Core Scientific

Subject kind
financing
Statement date
2024-08-06
Promised amount
670000000.0 USD
Current status
stated

The claim, verbatim

The Tranche 1 warrants could bring in total potential proceeds of $670 million, and a portion of that would be used to pay down debt.

Source (primary)

core-scientific 8-K exhibit (corescientificq22024earn.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-31)Live source ↗

Quote: “Total potential proceeds of $670M, a portion of which is to be used to pay down debt”

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 (corescientificq22024earn.htm)

Quote: “Total potential proceeds of $670M, a portion of which is to be used to pay down debt”

View cached copy (2026-10-31)Live source ↗