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Contingent acquisition payment

Company: Core Scientific - Project: Muskogee

Subject kind
financing
Statement date
2026-05-05
Promised by
2026-12-31
Promised amount
40.0 USD
Current status
stated

The claim, verbatim

Purchase price will be increased by an additional $40 million in cash if an additional 40 megawatts of firm electric capacity becomes available prior to December 31, 2026

Source (primary)

Core Scientific 8-K filed 2026-05-06 (SEC EDGAR, sec_filing)
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

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 8-K filed 2026-05-06

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”

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