Bridge Facility repayment
Company: Core Scientific
What the later record shows
Not a promise: a reported event · happened May 6, 2026
The claim's own text reports, in the past tense, that the Bridge Facility borrowings were repaid on May 6, 2026. The recorded statement date (May 5) is earlier than the event, which suggests a date mismatch in the source record.
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Repaid all borrowings outstanding under the Bridge Facility using proceeds from the Notes offering
Source (primary)
Core Scientific 8-K filed 2026-05-06 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On May 6, 2026, Core Scientific repaid, with proceeds from the issuance and sale of the Notes, all of the borrowings outstanding under the Delayed-Draw Bridge Credit Agreement”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states that on May 6, 2026, Core Scientific used proceeds from the Notes to repay all borrowings outstanding under the Delayed-Draw Bridge Credit Agreement, which the filing defines as providing the Bridge Facility.
Confirmed in the source:
- Core Scientific repaid all borrowings outstanding under the Bridge Facility (the Delayed-Draw Bridge Credit Agreement)
- The repayment was made with proceeds from the issuance and sale of the Notes
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312526208905/d47435d8k.htm) in full (16,466 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 8-K filed 2026-05-06
Quote: “On May 6, 2026, Core Scientific repaid, with proceeds from the issuance and sale of the Notes, all of the borrowings outstanding under the Delayed-Draw Bridge Credit Agreement”