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Polaris acquisition contingent payment

Company: Core Scientific

Subject kind
acquisition
Statement date
2026-08-14
Promised by
2026-12-31
Promised amount
40.0 USD
Current status
stated

The claim, verbatim

Acquisition price may increase by $40 million if another 40 megawatts of firm capacity becomes available by December 31, 2026

Source (primary)

Core Scientific Closes Polaris Deal to Expand Oklahoma AI Campus - TheEnergyMag (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “The price may increase by $40 million if another 40 megawatts of firm capacity becomes available by Dec. 31, according to the merger filing with the US Securities and Exchange Commission”

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 Closes Polaris Deal to Expand Oklahoma AI Campus - TheEnergyMag

Quote: “The price may increase by $40 million if another 40 megawatts of firm capacity becomes available by Dec. 31, according to the merger filing with the US Securities and Exchange Commission”

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