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Mandatory convertible notes conversion triggered July 2024

Company: Core Scientific

This claim was marked delayed on September 3, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
financing
Statement date
2026-09-01
Promised by
2024-07-05
Promised amount
234.0 USD
Current status
delayed

The claim, verbatim

Secured Convertible Notes mandatory conversion triggered July 5, 2024, equitizing remaining $234M debt

Source (primary)

Second Quarter Fiscal Year 2024 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗

Quote: “Secured Convertible Notes mandatory conversion triggered 7/5/24, resulting in equitization of remaining $234M”

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 Second Quarter Fiscal Year 2024 Earnings Presentation

Quote: “Secured Convertible Notes mandatory conversion triggered 7/5/24, resulting in equitization of remaining $234M”

View cached copy (2026-09-01)Live source ↗

Record of changes

September 2, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 3, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.