Tranche 1 Warrant authorization
Company: Core Scientific
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)
View cached copy (2026-08-31)Live source ↗
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
Checked on September 18, 2026. The cited source supports every part of this claim.
The warrant agreement description in the filing gives the authorized amount, one-for-one exercise, the $6.81 price and the January 23, 2027 expiry. The filing also notes that expiry can come earlier on certain events.
Confirmed in the source:
- The company was authorized to issue 98,381,418 Tranche 1 Warrants
- Each Tranche 1 Warrant is exercisable for one share of new common stock
- The Tranche 1 exercise price is $6.81 per share
- Tranche 1 Warrants expire on January 23, 2027
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312524041535/d791854dsc13da.htm) in full (16,139 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
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”