Contingent capacity-based earnout
Company: Core Scientific - Project: Muskogee
The claim, verbatim
Purchase price subject to increase by $40 million if an additional 40 megawatts of firm electric capacity becomes available to the Target before December 31, 2026
Source (primary)
Core Scientific 8-K filed 2026-08-14 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗
Quote: “The Purchase Price is subject to increase 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 in accordance with the terms of the Merger Agreement.”
How we checked this
Checked on September 13, 2026. The cited source supports every part of this claim.
The 8-K states that the purchase price rises by an additional $40 million in cash if 40 more megawatts of firm electric capacity becomes available to the Target before December 31, 2026.
Confirmed in the source:
- The purchase price for the Polaris DS LLC acquisition is subject to an increase of an additional $40 million
- The $40 million increase is triggered if an additional 40 megawatts of firm electric capacity becomes available to the Target
- The capacity must become available before December 31, 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000183934126000018/core-20260813.htm) in full (6,054 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 8-K filed 2026-08-14
Quote: “The Purchase Price is subject to increase 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 in accordance with the terms of the Merger Agreement.”