Bankruptcy Court settlement of convertible notes
Company: Core Scientific
The claim, verbatim
Core Scientific issued up to 60,608 shares of Common Stock to holders of Old Convertible Notes pursuant to a Bankruptcy Court order dated January 24, 2024
Source (primary)
Core Scientific 424B3 filed 2024-10-08 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “an order entered by the Bankruptcy Court (as defined in the Prospectus) on January 24, 2024”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The prospectus supplement states that up to 60,608 shares were issued to certain holders of Old Convertible Notes under a Bankruptcy Court order entered on January 24, 2024. The filing registers those shares for resale.
Confirmed in the source:
- Core Scientific issued up to 60,608 shares of Common Stock (the 'OGE Settlement Shares')
- The shares went to certain holders of Core Scientific's Old Convertible Notes
- The shares were issued pursuant to an order entered by the Bankruptcy Court on January 24, 2024
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828024042441/a10724-prospectussupplement.htm) in full (6,694 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 424B3 filed 2024-10-08
Quote: “an order entered by the Bankruptcy Court (as defined in the Prospectus) on January 24, 2024”