Tranche 2 warrants TEV Triggering Event satisfied
Company: Core Scientific
The claim, verbatim
Core Scientific announced that the TEV Triggering Event under its Warrant Agreement with Computershare was satisfied, so its tranche 2 warrants (CORZZ) became exercisable as of the close of trading on July 11, 2024, after the daily VWAP of its common stock exceeded $8.72 per share for 20 consecutive trading days.
Source (primary)
core-scientific 8-K exhibit (exhibit991-tranche2warrants.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-01)Live source ↗
Quote: “The tranche 2 warrants became exercisable as of the close of trading on July 11, 2024, when the daily volume weighted average trading price (“VWAP”) of the Company’s common stock exceeded $8.72 per share for 20 consecutive trading days.”
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 (exhibit991-tranche2warrants.htm)
Quote: “The tranche 2 warrants became exercisable as of the close of trading on July 11, 2024, when the daily volume weighted average trading price (“VWAP”) of the Company’s common stock exceeded $8.72 per share for 20 consecutive trading days.”