Global Plan Settlement agreement in principle with key stakeholders
Company: Core Scientific
The claim, verbatim
The Company reached an agreement in principle with key stakeholders including the unsecured creditors committee, secured convertible notes holders ad hoc group, and Equity Committee regarding the material terms of the Restructuring and support for the Fourth Amended Plan.
Source (primary)
Core Scientific 8-K filed 2023-12-28 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “on December 18, 2023, the Debtors, the committee of unsecured creditors of the Debtors, the ad hoc group of the Debtors' secured convertible notes holders, the equity committee (the " Equity Committee "), the members of the Equity Committee, other than Foundry Digital LLC and B. Riley Commercial Capital, LLC and BRF Finance Co., LLC (and any assignees thereof) reached an agreement in principle with respect to the terms of a global settlement of Plan issues”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing describes the December 18, 2023 global settlement among these parties. It also states that the Company reached agreements in principle with all key stakeholders on the Restructuring's material terms and on support for the Fourth Amended Plan. Certain Equity Committee members (Foundry Digital and B. Riley entities) were excluded from the settlement.
Confirmed in the source:
- On December 18, 2023, the Debtors reached an agreement in principle on a global settlement of plan issues with the unsecured creditors committee, the ad hoc group of secured convertible notes holders, and the Equity Committee
- The Company reached agreements in principle with all of its key stakeholders on the material terms of the Restructuring and support for the Fourth Amended Plan
- These agreements, including the global settlement, are embodied in the Fourth Amended Plan
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312523304266/d940250d8k.htm) in full (13,644 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 8-K filed 2023-12-28
Quote: “on December 18, 2023, the Debtors, the committee of unsecured creditors of the Debtors, the ad hoc group of the Debtors' secured convertible notes holders, the equity committee (the " Equity Committee "), the members of the Equity Committee, other than Foundry Digital LLC and B. Riley Commercial Capital, LLC and BRF Finance Co., LLC (and any assignees thereof) reached an agreement in principle with respect to the terms of a global settlement of Plan issues”