Core Scientific Files 8-K: Stock & Warrant Details
Ticker: CORZR · Form: 8-K · Filed: Jun 5, 2024 · CIK: 1839341
| Field | Detail |
|---|---|
| Company | Core Scientific, Inc./Tx (CORZR) |
| Form Type | 8-K |
| Filed Date | Jun 5, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.00001, $6.81, $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: disclosure, financials, warrants
TL;DR
CORE files 8-K with stock/warrant info - check exercise prices!
AI Summary
On June 5, 2024, Core Scientific, Inc. filed an 8-K report detailing a Regulation FD Disclosure and Financial Statements and Exhibits. The company, formerly known as Power & Digital Infrastructure Acquisition Corp., is incorporated in Delaware and its fiscal year ends on December 31st. The filing includes information related to common stock and warrants with exercise prices of $6.81 and $0.01 per share.
Why It Matters
This filing provides crucial updates on Core Scientific's financial structure, including details about its common stock and outstanding warrants, which can impact investor decisions.
Risk Assessment
Risk Level: medium — The filing contains details about financial instruments like warrants, which can introduce volatility and complexity for investors.
Key Numbers
- 001-40046 — SEC File Number (Identifies Core Scientific's filing with the SEC.)
- 2024-06-05 — Report Date (The date the 8-K filing was made public.)
- $6.81 — Warrant Exercise Price (A specific price associated with certain warrants issued by the company.)
- $0.01 — Warrant Exercise Price (Another specific price associated with certain warrants issued by the company.)
Key Players & Entities
- Core Scientific, Inc. (company) — Registrant
- Power & Digital Infrastructure Acquisition Corp. (company) — Former company name
- June 5, 2024 (date) — Date of report
- 001-40046 (company) — SEC File Number
- $6.81 (dollar_amount) — Warrant exercise price
- $0.01 (dollar_amount) — Warrant exercise price
FAQ
What is the primary purpose of this 8-K filing for Core Scientific?
This 8-K filing serves as a Current Report, primarily for Regulation FD Disclosure and to report Financial Statements and Exhibits.
What was Core Scientific, Inc. previously known as?
Core Scientific, Inc. was formerly known as Power & Digital Infrastructure Acquisition Corp.
On what date was this 8-K filing submitted?
The 8-K filing was submitted on June 5, 2024.
What are the specified warrant exercise prices mentioned in the filing?
The filing mentions warrant exercise prices of $6.81 per share and $0.01 per share.
In which state is Core Scientific, Inc. incorporated?
Core Scientific, Inc. is incorporated in Delaware.
Filing Stats: 584 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-06-05 09:19:28
Key Financial Figures
- $0.00001 — ich registered Common stock, par value $0.00001 per share CORZ The Nasdaq Global Selec
- $6.81 — of common stock at an exercise price of $6.81 per share CORZW The Nasdaq Global Sel
- $0.01 — of common stock at an exercise price of $0.01 per share CORZZ The Nasdaq Global Sel
Filing Documents
- core-20240605.htm (8-K) — 35KB
- corzmayupdaterelease.htm (EX-99.1) — 39KB
- image.jpg (GRAPHIC) — 3KB
- image1.jpg (GRAPHIC) — 7KB
- image_2.jpg (GRAPHIC) — 42KB
- 0001628280-24-026763.txt ( ) — 332KB
- core-20240605.xsd (EX-101.SCH) — 3KB
- core-20240605_def.xml (EX-101.DEF) — 17KB
- core-20240605_lab.xml (EX-101.LAB) — 30KB
- core-20240605_pre.xml (EX-101.PRE) — 17KB
- core-20240605_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On June 5, 2024, the Company issued a press release announcing certain production and operations updates for the month of May 2024. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated into this Item 7.01 by reference. The information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language except as expressly set forth by specific reference in such filing.
01 Financial Statement and Exhibits
Item 9.01 Financial Statement and Exhibits (d) Exhibits: Exhibit No. Description 99.1 Press Release dated June 5 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Core Scientific, Inc. Dated: June 5, 2024 By: /s/ Todd M. DuChene Name: Todd M. DuChene Title: Chief Legal Officer and Chief Administrative Officer