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, expiring January 23, 2027.
Source (primary)
Core Scientific SC 13D/A filed 2024-02-20 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Pursuant to the Warrant Agreement, 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 Exercise Price "). 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 filing's description of the Warrant Agreement states the Tranche 1 authorization amount, the one-for-one exercise terms, the $6.81 exercise price and the January 23, 2027 expiry.
Confirmed in the source:
- Under the Warrant Agreement, Core Scientific 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
- The 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/1839341/000119312524040115/d784237dsc13da.htm) in full (14,080 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific SC 13D/A filed 2024-02-20
Quote: “Pursuant to the Warrant Agreement, 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 Exercise Price "). The Tranche 1 Warrants expire on January 23, 2027”