Tranche 2 Warrants - 82.0M at $0.01 exercise price
Company: Core Scientific
The claim, verbatim
Authorized to issue 81,984,644 Tranche 2 Warrants, each exercisable for one share of New Common Stock at exercise price of $0.01 per share after volume weighted average price equals or exceeds $8.72 per share for 20 consecutive trading days, expiring January 23, 2029
Source (primary)
Core Scientific 8-K/A filed 2024-01-25 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “an aggregate of 81,984,644 warrants, each exercisable for one share of New Common Stock at an exercise price of $0.01 per share at any time following the time the volume weighted average price per share of New Common Stock equals or exceeds $8.72 per share on each trading day for 20 consecutive trading days (the " TEV Triggering Event ")... The Tranche 2 Warrants will expire on January 23, 2029”
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 8-K/A filed 2024-01-25
Quote: “an aggregate of 81,984,644 warrants, each exercisable for one share of New Common Stock at an exercise price of $0.01 per share at any time following the time the volume weighted average price per share of New Common Stock equals or exceeds $8.72 per share on each trading day for 20 consecutive trading days (the " TEV Triggering Event ")... The Tranche 2 Warrants will expire on January 23, 2029”