Restructuring agreement in principle with noteholders and equity committee
Company: Core Scientific
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
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 noteholder group and the equity committee on the terms of a chapter 11 plan. It also notes the agreement was subject to finalization and further documentation.
Confirmed in the source:
- The Core Scientific debtors reached an agreement in principle on October 30, 2023 regarding the terms of a chapter 11 plan of reorganization
- The counterparties were the ad hoc group of the debtors' secured convertible notes holders and the official committee of equity security holders
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312523276107/d81375d8k.htm) in full (12,704 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
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”