Restructuring Effective Date deadline
Company: Core Scientific
What the later record shows
Delivered on time · happened January 23, 2024
The restructuring plan's Effective Date was January 23, 2024, before the February 19, 2024 Outside Date.
“the conditions to the effectiveness of the Plan of Reorganization were satisfied or waived and the Company emerged from bankruptcy”
2025-02-26 · Core Scientific 10-K filed 2025-02-27 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Effective Date of restructuring plan to occur by February 19, 2024, extendable to March 19, 2024
Source (primary)
Core Scientific SC 13D/A filed 2023-11-28 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “By no later than February 19, 2024, the Effective Date shall have occurred (the "Outside Date"), which date may be extended in writing by the Requisite Consenting Creditors, the Issuer and the Equity Committee to no later than March 19, 2024”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states the Effective Date must occur by February 19, 2024, and that this date may be extended in writing by the Requisite Consenting Creditors, the Issuer and the Equity Committee to no later than March 19, 2024.
Confirmed in the source:
- The Restructuring Support Agreement set a milestone requiring the Effective Date of the restructuring plan to occur by no later than February 19, 2024
- The February 19, 2024 Outside Date could be extended in writing to no later than March 19, 2024
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312523284363/d608462dsc13da.htm) in full (30,736 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific SC 13D/A filed 2023-11-28
Quote: “By no later than February 19, 2024, the Effective Date shall have occurred (the "Outside Date"), which date may be extended in writing by the Requisite Consenting Creditors, the Issuer and the Equity Committee to no later than March 19, 2024”
confirms Core Scientific 10-K filed 2025-02-27
Quote: “the conditions to the effectiveness of the Plan of Reorganization were satisfied or waived and the Company emerged from bankruptcy”