Conditional earnout payment for Polaris DS acquisition
Company: Core Scientific - Project: Muskogee
The claim, verbatim
Core Scientific will pay an additional $40 million if 40 megawatts of firm electric capacity becomes available to Polaris DS by December 31, 2026
Source (primary)
Core Scientific, Inc. completed the acquisition of Polaris DS LLC from Top Access Enterprises Limited. - marketscreener.com (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “will be increased by an additional $40 million in cash in the event that an additional 40 megawatts of firm electric capacity becomes available to the Target prior to December 31, 2026”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document explicitly describes the additional $40 million payment tied to 40 megawatts of firm electric capacity becoming available to the target before December 31, 2026.
Confirmed in the source:
- An additional $40 million in cash is payable if an additional 40 megawatts of firm electric capacity becomes available to the target (Polaris DS) prior to December 31, 2026
What we did: Read our cached copy of the publisher (https://www.marketscreener.com/news/core-scientific-inc-completed-the-acquisition-of-polaris-ds-llc-from-top-access-enterprises-limite-ce7859dcda8ef421) in full (15,354 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific, Inc. completed the acquisition of Polaris DS LLC from Top Access Enterprises Limited. - marketscreener.com
Quote: “will be increased by an additional $40 million in cash in the event that an additional 40 megawatts of firm electric capacity becomes available to the Target prior to December 31, 2026”