Convertible notes conversion terms
Company: Core Scientific
The claim, verbatim
$260 million of convertible notes carry a $5.83 voluntary conversion price and convert mandatorily at $7.79, based on VWAP over 20 consecutive trading days.
Source (primary)
core-scientific 8-K exhibit (q1fy2024earningspresenta.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-06)Live source ↗
Quote: “Voluntary conversion price $5.83; mandatory conversion price $7.79 based on VWAP of CORZ stock over 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 (q1fy2024earningspresenta.htm)
Quote: “Voluntary conversion price $5.83; mandatory conversion price $7.79 based on VWAP of CORZ stock over 20 consecutive trading days”