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
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states the warrant count, the exercise price, the $8.72 trigger condition and the expiration date.
Confirmed in the source:
- Core Scientific was authorized to issue 81,984,644 Tranche 2 Warrants
- Each warrant is exercisable for one share of New Common Stock at $0.01 per share
- Exercise is permitted only after the volume weighted average price equals or exceeds $8.72 per share on each trading day for 20 consecutive trading days
- The Tranche 2 Warrants expire on January 23, 2029
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312524014941/d735123d8ka.htm) in full (67,867 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
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”