jain.com

Restructuring agreement in principle with noteholders and equity committee

Company: Core Scientific

Subject kind
partnership
Statement date
2023-11-12
Current status
stated

The claim, verbatim

Reached an agreement in principle regarding the terms of a chapter 11 plan of reorganization with the ad hoc group of secured convertible notes holders and the official committee of equity security holders

Source (primary)

Core Scientific 8-K filed 2023-11-13 (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

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 8-K filed 2023-11-13

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”

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