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Exit Facility new money component

Company: Core Scientific

Subject kind
financing
Statement date
2023-11-27
Promised amount
40.0 USD millions
Current status
stated

The claim, verbatim

Senior secured, first-lien term loan credit facility with $20 million available on Closing Date and $20 million available after Closing Date

Source (primary)

Core Scientific SC 13D/A filed 2023-11-28 (SEC EDGAR, sec_filing)
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Quote: “a 'new money' credit facility, pursuant to which term loans in an aggregate principal amount equal to (i) $20 million that shall be made available on the Closing Date, and (ii) $20 million that shall be made available from time to time after the Closing Date”

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 SC 13D/A filed 2023-11-28

Quote: “a 'new money' credit facility, pursuant to which term loans in an aggregate principal amount equal to (i) $20 million that shall be made available on the Closing Date, and (ii) $20 million that shall be made available from time to time after the Closing Date”

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