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Estimated net proceeds from Notes offering

Company: Core Scientific

Subject kind
financing
Statement date
2026-05-05
Promised amount
3240.0 USD millions
Current status
stated

The claim, verbatim

Estimated net proceeds from the offering are approximately $3.24 billion after deducting initial purchasers' discounts, commissions, and estimated offering expenses

Source (primary)

Core Scientific 8-K filed 2026-05-06 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The Issuer estimates that the net proceeds from the Offering will be approximately $3.24 billion, after deducting the initial purchasers' discounts and commissions and the estimated offering expenses”

How we checked this

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

The filing gives the approximately $3.24 billion net proceeds estimate on the same basis as the claim.

Confirmed in the source:

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: “The Issuer estimates that the net proceeds from the Offering will be approximately $3.24 billion, after deducting the initial purchasers' discounts and commissions and the estimated offering expenses”

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