Tranche 1 warrant proceeds
Company: Core Scientific
The claim, verbatim
Tranche 1 warrants, with a $6.81 exercise price, could provide total potential proceeds of $670 million, with 50% of proceeds required to pay down the exit facility and new secured notes.
Source (primary)
Second Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-11-06)Live source ↗Archive.org ↗
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 Second Quarter Fiscal Year 2024 Earnings Presentation
Quote: “Total potential proceeds of $670M, a portion of which is to be used to pay down debt”