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Chapter 11 plan Effective Date deadline

Company: Core Scientific

Subject kind
regulatory
Statement date
2023-11-21
Promised by
2024-02-19
Current status
verified

What the later record shows

Delivered on time · happened January 23, 2024

The Chapter 11 plan became effective on January 23, 2024, before the February 19, 2024 deadline.

“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 Chapter 11 reorganization plan shall occur by February 19, 2024, extendable to March 19, 2024

Source (primary)

Core Scientific 8-K filed 2023-11-22 (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 Company 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 sets February 19, 2024 as the Outside Date for the plan's Effective Date. It says that date can be extended in writing to March 19, 2024 by the Requisite Consenting Creditors, the Company, and the Equity Committee.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312523282336/d557673d8k.htm) in full (29,507 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific 8-K filed 2023-11-22

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 Company and the Equity Committee to no later than March 19, 2024”

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

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”

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

Record of changes

September 3, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 4, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.