Share issuance from note conversion
Company: Core Scientific
What the later record shows
Delivered on time · happened July 10, 2024
The 10-K equity statement records 44,585 thousand shares (about 45 million) issued for the New Secured Convertible Notes conversion. The same filing says the notes were mandatorily converted as of July 10, 2024.
“Issuance of new common stock for New Secured Convertible Notes conversion 44,585 — 261,772 — 261,772”
2026-03-01 · Core Scientific 10-K filed 2026-03-02 View cached copy (2026-08-31)Live source ↗
“The New Secured Convertible Notes were mandatorily converted as of July 10, 2024, and are no longer outstanding.”
2026-03-01 · Core Scientific 10-K filed 2026-03-02 View cached copy (2026-08-31)Live source ↗
Checked November 1, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Following the mandatory conversion, approximately 45 million shares of common stock will have been issued in exchange for $260 million of convertible debt.
Source (primary)
core-scientific 8-K exhibit (finalcorzconversionpressre.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-01)Live source ↗
Quote: “Following the mandatory conversion of the Notes, approximately 45 million shares of the Company's common stock in the aggregate will have been issued in exchange for $260 million of convertible 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 (finalcorzconversionpressre.htm)
Quote: “Following the mandatory conversion of the Notes, approximately 45 million shares of the Company's common stock in the aggregate will have been issued in exchange for $260 million of convertible debt.”
confirms Core Scientific 10-K filed 2026-03-02
Quote: “Issuance of new common stock for New Secured Convertible Notes conversion 44,585 — 261,772 — 261,772”