Global Plan Settlement agreement in principle
Company: Core Scientific
The claim, verbatim
Core Scientific and various stakeholders (Creditors' Committee, Ad Hoc Noteholder Group, Equity Committee, Equity Committee Members, and B. Riley) reached an agreement in principle regarding a global settlement of Plan issues, with parties to continue negotiating in good faith to document the settlement and revise the Plan and Disclosure Statement
Source (primary)
Core Scientific 8-K filed 2023-12-21 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Debtors, the Creditors' Committee, the ad hoc group of the Debtors' secured convertible notes holders (the " Ad Hoc Noteholder Group "), the equity committee (the " Equity Committee "), the members of the Equity Committee, other than Foundry Digital LLC (the " Equity Committee Members ") and B. Riley Commercial Capital, LLC and BRF Finance Co., LLC (and any assignees thereof) (collectively, " B. Riley ") reached an agreement in principle with respect to the terms of a global settlement of Plan issues between such parties”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states that these exact parties reached an agreement in principle on a global settlement of Plan issues and will keep negotiating in good faith to document it and revise the Plan and Disclosure Statement.
Confirmed in the source:
- On December 18, 2023, Core Scientific (the Debtors), the Creditors' Committee, the Ad Hoc Noteholder Group, the Equity Committee, the Equity Committee Members (excluding Foundry Digital LLC), and B. Riley reached an agreement in principle on the terms of a global settlement of Plan issues
- The parties will continue to work and negotiate in good faith to document the Global Plan Settlement
- The parties will revise the Plan and Disclosure Statement to incorporate the settlement terms
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312523300548/d416493d8k.htm) in full (9,888 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 8-K filed 2023-12-21
Quote: “the Debtors, the Creditors' Committee, the ad hoc group of the Debtors' secured convertible notes holders (the " Ad Hoc Noteholder Group "), the equity committee (the " Equity Committee "), the members of the Equity Committee, other than Foundry Digital LLC (the " Equity Committee Members ") and B. Riley Commercial Capital, LLC and BRF Finance Co., LLC (and any assignees thereof) (collectively, " B. Riley ") reached an agreement in principle with respect to the terms of a global settlement of Plan issues between such parties”