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Initial conversion price of convertible notes

Company: Core Scientific

Subject kind
financing
Statement date
2024-12-05
Promised amount
22.49 USD
Current status
stated

The claim, verbatim

Initial conversion price of approximately $22.49 per share of Common Stock, based on an initial conversion rate of 44.4587 shares per $1,000 principal amount

Source (primary)

Core Scientific 424B3 filed 2024-12-06 (SEC EDGAR, sec_filing)
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Quote: “The initial conversion rate is 44.4587 shares of Common Stock per $1,000 principal amount of Notes, which represents an initial conversion price of approximately $22.49 per share of Common Stock.”

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 424B3 filed 2024-12-06

Quote: “The initial conversion rate is 44.4587 shares of Common Stock per $1,000 principal amount of Notes, which represents an initial conversion price of approximately $22.49 per share of Common Stock.”

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