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Tranche 1 Warrant authorization

Company: Core Scientific

Subject kind
financing
Statement date
2024-02-20
Promised amount
98381418.0 warrants
Current status
stated

The claim, verbatim

Company authorized issuance of 98,381,418 Tranche 1 Warrants, each exercisable for one share of common stock at $6.81 per share through January 23, 2027

Source (primary)

Core Scientific SC 13D/A filed 2024-02-21 (SEC EDGAR, sec_filing)
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Quote: “the Issuer was authorized to issue (i) an aggregate of 98,381,418 warrants, each exercisable for one share of New Common Stock (the " Tranche 1 Warrants ")...Each whole Tranche 1 Warrant entitles the registered holder to purchase one whole share of New Common Stock at an exercise price of $6.81 per share...The Tranche 1 Warrants expire on January 23, 2027”

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 SC 13D/A filed 2024-02-21

Quote: “the Issuer was authorized to issue (i) an aggregate of 98,381,418 warrants, each exercisable for one share of New Common Stock (the " Tranche 1 Warrants ")...Each whole Tranche 1 Warrant entitles the registered holder to purchase one whole share of New Common Stock at an exercise price of $6.81 per share...The Tranche 1 Warrants expire on January 23, 2027”

View cached copy (2026-08-31)Live source ↗