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Use of proceeds for debt repayment

Company: Core Scientific

Subject kind
financing
Statement date
2026-04-20
Current status
stated

The claim, verbatim

The Company intends to use a portion of net proceeds to repay in full its outstanding delayed draw term loans

Source (primary)

Core Scientific 8-K filed 2026-04-21 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “the Company intends to use in part to repay in full its outstanding delayed draw term loans, including accrued interest thereon and fees and expenses in connection therewith”

How we checked this

Attempted on September 15, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000119312526165121/d149019d8k.htm) in full (8,221 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific 8-K filed 2026-04-21

Quote: “the Company intends to use in part to repay in full its outstanding delayed draw term loans, including accrued interest thereon and fees and expenses in connection therewith”

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