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Accordion feature for up to $500 million incremental commitments

Company: Core Scientific

Subject kind
financing
Statement date
2026-03-05
Promised amount
500.0 million USD
Current status
stated

The claim, verbatim

Credit Agreement includes an accordion feature allowing the Company to request an increase in commitments by up to an additional $500.0 million

Source (primary)

Core Scientific 8-K filed 2026-03-06 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The Credit Agreement also provides for an accordion feature that allows the Company to request an increase in commitments under the Credit Agreement by up to an additional $500.0 million.”

How we checked this

Checked on September 15, 2026. The cited source supports every part of this claim.

The filing describes an accordion feature that allows the Company to request up to an additional $500.0 million in commitments.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828026015622/core-20260304.htm) in full (8,883 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific 8-K filed 2026-03-06

Quote: “The Credit Agreement also provides for an accordion feature that allows the Company to request an increase in commitments under the Credit Agreement by up to an additional $500.0 million.”

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