Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jeffrey Booth was appointed as Director at Core Scientific, Inc./tx.
- Action
- appointed
- Role
- Director
Exact text from the filing
As of the Effective Date, the Board consists of the following seven directors, who were appointed in accordance with the Plan: Adam Sullivan, Todd Becker, Jeffrey Booth, Jordan Levy, Jarrod Patten, Yadin Rozov and Eric Weiss
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Eric Weiss was appointed as Director at Core Scientific, Inc./tx.
- Action
- appointed
- Role
- Director
Exact text from the filing
As of the Effective Date, the Board consists of the following seven directors, who were appointed in accordance with the Plan: Adam Sullivan, Todd Becker, Jeffrey Booth, Jordan Levy, Jarrod Patten, Yadin Rozov and Eric Weiss
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Yadin Rozov was appointed as Director at Core Scientific, Inc./tx.
- Action
- appointed
- Role
- Director
Exact text from the filing
As of the Effective Date, the Board consists of the following seven directors, who were appointed in accordance with the Plan: Adam Sullivan, Todd Becker, Jeffrey Booth, Jordan Levy, Jarrod Patten, Yadin Rozov and Eric Weiss
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Darin Feinstein resigned as Director at Core Scientific, Inc./tx.
- Action
- resigned
- Role
- Director
Exact text from the filing
Michael Levitt, Darin Feinstein, Jarvis Hollingsworth, Matthew Minnis, Neal Goldman and Kneeland Youngblood resigned from the board of directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Neal Goldman resigned as Director at Core Scientific, Inc./tx.
- Action
- resigned
- Role
- Director
Exact text from the filing
Michael Levitt, Darin Feinstein, Jarvis Hollingsworth, Matthew Minnis, Neal Goldman and Kneeland Youngblood resigned from the board of directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Kneeland Youngblood resigned as Director at Core Scientific, Inc./tx.
- Action
- resigned
- Role
- Director
Exact text from the filing
Michael Levitt, Darin Feinstein, Jarvis Hollingsworth, Matthew Minnis, Neal Goldman and Kneeland Youngblood resigned from the board of directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jarrod Patten was appointed as Director at Core Scientific, Inc./tx.
- Action
- appointed
- Role
- Director
Exact text from the filing
As of the Effective Date, the Board consists of the following seven directors, who were appointed in accordance with the Plan: Adam Sullivan, Todd Becker, Jeffrey Booth, Jordan Levy, Jarrod Patten, Yadin Rozov and Eric Weiss
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jarvis Hollingsworth resigned as Director at Core Scientific, Inc./tx.
- Action
- resigned
- Role
- Director
Exact text from the filing
Michael Levitt, Darin Feinstein, Jarvis Hollingsworth, Matthew Minnis, Neal Goldman and Kneeland Youngblood resigned from the board of directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Todd Becker was appointed as Director at Core Scientific, Inc./tx.
- Action
- appointed
- Role
- Director
Exact text from the filing
As of the Effective Date, the Board consists of the following seven directors, who were appointed in accordance with the Plan: Adam Sullivan, Todd Becker, Jeffrey Booth, Jordan Levy, Jarrod Patten, Yadin Rozov and Eric Weiss
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Adam Sullivan was appointed as Director at Core Scientific, Inc./tx.
- Action
- appointed
- Role
- Director
Exact text from the filing
As of the Effective Date, the Board consists of the following seven directors, who were appointed in accordance with the Plan: Adam Sullivan, Todd Becker, Jeffrey Booth, Jordan Levy, Jarrod Patten, Yadin Rozov and Eric Weiss
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Jordan Levy was appointed as Director at Core Scientific, Inc./tx.
- Action
- appointed
- Role
- Director
Exact text from the filing
As of the Effective Date, the Board consists of the following seven directors, who were appointed in accordance with the Plan: Adam Sullivan, Todd Becker, Jeffrey Booth, Jordan Levy, Jarrod Patten, Yadin Rozov and Eric Weiss
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michael Levitt resigned as Director at Core Scientific, Inc./tx.
- Action
- resigned
- Role
- Director
Exact text from the filing
Michael Levitt, Darin Feinstein, Jarvis Hollingsworth, Matthew Minnis, Neal Goldman and Kneeland Youngblood resigned from the board of directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Matthew Minnis resigned as Director at Core Scientific, Inc./tx.
- Action
- resigned
- Role
- Director
Exact text from the filing
Michael Levitt, Darin Feinstein, Jarvis Hollingsworth, Matthew Minnis, Neal Goldman and Kneeland Youngblood resigned from the board of directors
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Core Scientific, Inc./tx: Filing of Third Amended and Restated Certificate of Incorporation on the Effective Date.
- Change
- charter amendment
Exact text from the filing
On the Effective Date, in accordance with the Plan, the Company will file the Third Amended and Restated Certificate of Incorporation (the “ COI ”) with the Secretary of State of the State of Delaware and adopt the Second Amended and Restated Bylaws (the “ Bylaws ”).
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Core Scientific, Inc./tx: Adoption of Second Amended and Restated Bylaws on the Effective Date.
- Change
- bylaw amendment
Exact text from the filing
On the Effective Date, in accordance with the Plan, the Company will file the Third Amended and Restated Certificate of Incorporation (the “ COI ”) with the Secretary of State of the State of Delaware and adopt the Second Amended and Restated Bylaws (the “ Bylaws ”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Core Scientific, Inc./tx entered into Secured Convertible Notes Indenture with guarantors party thereto and Wilmington Trust, National Association, as trustee and as collateral agent valued at $260.0 million aggregate principal amount of secured convertible notes due 2029 (effective 2024-01-23).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- guarantors party thereto and Wilmington Trust, National Association, as trustee and as collateral agent
- Value
- $260.0 million aggregate principal amount of secured convertible notes due 2029
- Effective
- 2024-01-23
Exact text from the filing
On the Effective Date, under the terms of the Plan, the Company issued $260.0 million aggregate principal amount of secured convertible notes due 2029 (the “ Secured Convertible Notes ”) pursuant to a secured convertible notes indenture (the “ Secured Convertible Notes Indenture ”) among (i) Core Scientific, Inc., as the issuer, (ii) the guarantors party thereto and (iii) Wilmington Trust, National Association, as trustee and as collateral agent for the Secured Convertible Notes
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Core Scientific, Inc./tx entered into Exit Credit Agreement with lenders party thereto and Wilmington Trust, National Association, as administrative agent and collateral agent valued at $80 million first-lien credit facility (effective 2024-01-23).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- lenders party thereto and Wilmington Trust, National Association, as administrative agent and collateral agent
- Value
- $80 million first-lien credit facility
- Effective
- 2024-01-23
Exact text from the filing
On the Effective Date, under the terms of the Plan, the Company entered into a credit and guaranty agreement, dated as of January 23, 2024 (the “ Exit Credit Agreement ”), by and among the Company, as borrower, the guarantors named therein, the lenders party thereto and Wilmington Trust, National Association, as administrative agent and collateral agent, consisting of an $80 million first-lien credit facility
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Core Scientific, Inc./tx entered into New Miner Equipment Lender Agreements (Election 2) with Holders of Allowed Miner Equipment Lender Secured Claims that are Settling Miner Equipment Lenders electing Election 2 valued at principal amount of eighty percent (80%) of each applicable Holders’ Allowed Miner Equipment Lender (effective 2024-01-23).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Holders of Allowed Miner Equipment Lender Secured Claims that are Settling Miner Equipment Lenders electing Election 2
- Value
- principal amount of eighty percent (80%) of each applicable Holders’ Allowed Miner Equipment Lender
- Effective
- 2024-01-23
Exact text from the filing
On the Effective Date, under the terms of the Plan, the Company entered into separate New Miner Equipment Lender Agreements (Election 2) with each Holder of an Allowed Miner Equipment Lender Secured Claim that is a Settling Miner Equipment Lender that elected on its Ballot (as defined in the RSA) to receive and is receiving the Miner Equipment Lender Treatment Election 2
View on SEC.gov
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.