Core Scientific enters cooperation agreement with Two Seas Capital; appoints three new independent directors

Core Scientific, Inc./tx

Company agrees to appoint first new independent director by March 15, 2026, second by Sept 15, 2026, third before 2027 annual meeting.
Chairman Jordan Levy will not stand for re-election at the 2026 annual meeting; one other current director not nominated at 2027 meeting.
Two Seas agrees to standstill for one year; voting commitments through 2027 annual meeting; board size capped at nine until 2027.
Board will elect a new Chairman from directors elected at 2026 annual meeting.

item 1.01 item 5.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Core Scientific, Inc./tx entered into Cooperation Agreement with Two Seas Capital LP (effective 2026-02-18).

Action: entry
Counterparty: Two Seas Capital LP
Effective: 2026-02-18

Exact text from the filing

On February 18, 2026, Core Scientific, Inc., a Delaware corporation (the “Company”), entered into a cooperation agreement (the “Cooperation Agreement”) with Two Seas Capital LP (“Two Seas”).

View on SEC.gov

272 material agreements filed in the last 30 days. Browse all material agreements →

Core Scientific, Inc./tx filing history →

Source: SEC EDGAR

accession 0001140361-26-006037

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.