Restructuring agreement with secured noteholders and equity committee
Company: Core Scientific
The claim, verbatim
Reached agreement in principle with ad hoc group of secured convertible notes holders and equity committee regarding terms of chapter 11 plan of reorganization
Source (primary)
Core Scientific 8-K filed 2023-11-15 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “on October 30, 2023, the Debtors reached an agreement in principle (the "Restructuring Term Sheet") with the ad hoc group of the Debtors' secured convertible notes holders (the "Ad Hoc Noteholder Group") and the official committee of equity security holders in the Chapter 11 Cases (the "Equity Committee") regarding the terms of a chapter 11 plan of reorganization”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states that on October 30, 2023 the Debtors reached an agreement in principle with the ad hoc secured convertible noteholder group and the equity committee on chapter 11 plan terms.
Confirmed in the source:
- The Debtors reached an agreement in principle (the Restructuring Term Sheet) on October 30, 2023
- The counterparties were the ad hoc group of the Debtors' secured convertible notes holders and the official committee of equity security holders
- The agreement concerned the terms of a chapter 11 plan of reorganization
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312523278008/d921645d8k.htm) in full (13,121 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 8-K filed 2023-11-15
Quote: “on October 30, 2023, the Debtors reached an agreement in principle (the "Restructuring Term Sheet") with the ad hoc group of the Debtors' secured convertible notes holders (the "Ad Hoc Noteholder Group") and the official committee of equity security holders in the Chapter 11 Cases (the "Equity Committee") regarding the terms of a chapter 11 plan of reorganization”