jain.com
The Analysis · Companies · People · Methodology

Board size constraint

Company: Core Scientific

Subject kind
personnel
Statement date
2026-02-18
Current status
stated

The claim, verbatim

Core Scientific will not increase the size of its Board of Directors in excess of 9 directors without prior consent of Two Seas Capital LP

Source (primary)

Core Scientific 8-K/A filed 2026-02-19 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “the Company will not increase the size of its Board of Directors in excess of 9 directors or decrease the size of its Board of Directors if such decrease would require resignation of one of the new directors, without the prior consent of Two Seas”

How we checked this

Attempted on September 16, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000114036126006133/ef20066152_8ka.htm) in full (5,626 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific 8-K/A filed 2026-02-19

Quote: “the Company will not increase the size of its Board of Directors in excess of 9 directors or decrease the size of its Board of Directors if such decrease would require resignation of one of the new directors, without the prior consent of Two Seas”

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