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Tranche 2 Warrants

Company: Core Scientific

Subject kind
financing
Statement date
2024-01-22
Promised by
2029-01-23
Promised amount
81984644.0 units
Current status
stated

The claim, verbatim

81,984,644 warrants each exercisable for one share of New Common Stock at exercise price of $0.01 per share following TEV Triggering Event (20 consecutive trading days at volume weighted average price of $8.72 or higher), expiring January 23, 2029

Source (primary)

Core Scientific 8-K filed 2024-01-23 (SEC EDGAR, sec_filing)
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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 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 filed 2024-01-23

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 for 20 consecutive trading days (the " TEV Triggering Event ")... The Tranche 2 Warrants will expire on January 23, 2029”

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