Core Scientific Files 8-K with Financials

TL;DR

Core Scientific dropped an 8-K with financials on 10/22 - check it out.

AI Summary

On October 22, 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 warrant exercise prices.

Why It Matters

This filing provides updated financial information and disclosures for Core Scientific, Inc., which is important for investors to assess the company's current financial health and strategic direction.

Risk Assessment

Risk Level: medium — The filing is a standard 8-K with financial information, but the nature of the financial statements and exhibits could reveal material information impacting risk.

Key Numbers

• 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year.)

Key Players & Entities

• Core Scientific, Inc. (company) — Registrant
• Power & Digital Infrastructure Acquisition Corp. (company) — Former company name
• October 22, 2024 (date) — Date of earliest event reported
• Delaware (location) — State of incorporation
• 001-40046 (other) — SEC File Number

FAQ

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-20241022.htm (8-K) — 41KB
• corescientifichpcoption3re.htm (EX-99.1) — 23KB
• image_0.jpg (GRAPHIC) — 5KB
• image_1.jpg (GRAPHIC) — 6KB
• image_2.jpg (GRAPHIC) — 3KB
• image_3.jpg (GRAPHIC) — 25KB
• 0001628280-24-043341.txt ( ) — 305KB
• core-20241022.xsd (EX-101.SCH) — 3KB
• core-20241022_def.xml (EX-101.DEF) — 17KB
• core-20241022_lab.xml (EX-101.LAB) — 30KB
• core-20241022_pre.xml (EX-101.PRE) — 17KB
• core-20241022_htm.xml (XML) — 5KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure On October 22, 2024, Core Scientific, Inc. (the "Company") issued a press release announcing that CoreWeave, the AI Hyperscaler, had exercised its final option to contract for additional infrastructure under the terms of its 200MW 12-year high-performance compute hosting contracts previously announced on June 3, 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, on or after the date hereof, regardless of any general incorporation language except as expressly set forth by specific reference in such filing. Cautionary Note Regarding Forward-Looking Statements The information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company's ability to scale, grow its business and execute on its growth plans and hosting contracts, source clean and renewable energy, the advantages, expected growth, and anticipated future revenue of the Company, and the Company's ability to source and retain talent. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include wor

01 Financial Statement and Exhibits

Item 9.01 Financial Statement and Exhibits (d) Exhibits: Exhibit No. Description 99.1* Press Release dated October 22 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * The information contained in this exhibit is furnished but not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

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: October 23, 2024 By: /s/ Todd M. DuChene Name: Todd M. DuChene Title: Chief Legal Officer and Chief Administrative Officer

View Full Filing

View this 8-K filing on SEC EDGAR