Merger termination fee
Company: Core Scientific
The claim, verbatim
Core Scientific must pay CoreWeave a termination fee of $270 million if the Company's board changes its recommendation in favor of the merger or under other specified circumstances
Source (primary)
Core Scientific 8-K filed 2025-07-07 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company would be required to pay Parent a termination fee of $270 million”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states a $270 million fee is payable by Core Scientific to CoreWeave in specified termination scenarios. One of them is CoreWeave terminating after the Core Scientific board changes its recommendation.
Confirmed in the source:
- Core Scientific would be required to pay CoreWeave a $270 million termination fee upon termination under specified circumstances
- Those circumstances include CoreWeave terminating after a change of recommendation by Core Scientific's board
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312525156266/d945892d8k.htm) in full (34,823 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 8-K filed 2025-07-07
Quote: “the Company would be required to pay Parent a termination fee of $270 million”