Tranche 1 warrant proceeds for deleveraging
Company: Core Scientific
The claim, verbatim
Exercise of Tranche 1 warrants would bring total proceeds of $670 million, with 50% of proceeds required to pay down the exit facility and new secured notes.
Source (primary)
core-scientific 8-K exhibit (corescientificinvestorda.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-03)Live source ↗
Quote: “Total proceeds of $670M, a portion of which 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 (corescientificinvestorda.htm)
Quote: “Total proceeds of $670M, a portion of which to be used to pay down debt”