secwatch / observer
8-K/A filed January 25, 2024, 6:59 PM ET ticker CORZ CIK 0001839341
other material confidence high sentiment neutral materiality 0.90

Core Scientific emerges from Chapter 11; issues $260M convertible notes and $150M secured notes

Core Scientific, Inc./tx

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Darin Feinstein

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
Michael Levitt, Darin Feinstein, Jarvis Hollingsworth, Matthew Minnis, Neal Goldman and Kneeland Youngblood resigned from the board of directors (the “ Board ”).
Departed

Jarvis Hollingsworth

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
Michael Levitt, Darin Feinstein, Jarvis Hollingsworth, Matthew Minnis, Neal Goldman and Kneeland Youngblood resigned from the board of directors (the “ Board ”).
Departed

Michael Levitt

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
Michael Levitt, Darin Feinstein, Jarvis Hollingsworth, Matthew Minnis, Neal Goldman and Kneeland Youngblood resigned from the board of directors (the “ Board ”).
Appointed

Yadin Rozov

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
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 (collectively, the “ New Board Members ”).
Appointed

Jarrod Patten

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
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 (collectively, the “ New Board Members ”).
Appointed

Jordan Levy

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
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 (collectively, the “ New Board Members ”).
Departed

Kneeland Youngblood

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
Michael Levitt, Darin Feinstein, Jarvis Hollingsworth, Matthew Minnis, Neal Goldman and Kneeland Youngblood resigned from the board of directors (the “ Board ”).
Appointed

Eric Weiss

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
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 (collectively, the “ New Board Members ”).
Departed

Neal Goldman

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
Michael Levitt, Darin Feinstein, Jarvis Hollingsworth, Matthew Minnis, Neal Goldman and Kneeland Youngblood resigned from the board of directors (the “ Board ”).
Appointed

Todd Becker

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
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 (collectively, the “ New Board Members ”).
Appointed

Adam Sullivan

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
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 (collectively, the “ New Board Members ”).
Appointed

Jeffrey Booth

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
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 (collectively, the “ New Board Members ”).
Departed

Matthew Minnis

Director
CORZ · Core Scientific, Inc./tx
Effective
2024-01-23
Filed
January 25, 2024, 6:59 PM ET
Michael Levitt, Darin Feinstein, Jarvis Hollingsworth, Matthew Minnis, Neal Goldman and Kneeland Youngblood resigned from the board of directors (the “ Board ”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

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 (the “ Board ”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

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 (the “ Board ”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

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 (the “ Board ”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

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 (collectively, the “ New Board Members ”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

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 (collectively, the “ New Board Members ”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

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 (collectively, the “ New Board Members ”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

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 (the “ Board ”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

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 (collectively, the “ New Board Members ”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

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 (the “ Board ”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

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 (collectively, the “ New Board Members ”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

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 (collectively, the “ New Board Members ”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

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 (collectively, the “ New Board Members ”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

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 (the “ Board ”).
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Core Scientific, Inc./tx: Company adopted Second Amended and Restated Bylaws on the Effective Date (effective 2024-01-25).

Change
bylaw amendment
Effective
2024-01-25
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: Company filed Third Amended and Restated Certificate of Incorporation on the Effective Date (effective 2024-01-25).

Change
charter amendment
Effective
2024-01-25
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 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 to receive and is receiving the Miner Equipment Lender Treatment Election 2 (effective 2024-01-23).

Action
entry
Agreement
credit facility
Counterparty
each Holder of an Allowed Miner Equipment Lender Secured Claim that is a Settling Miner Equipment Lender that elected on its Ballot to receive and is receiving the Miner Equipment Lender Treatment Election 2
Effective
2024-01-23
Exact text from the filing
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
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Core Scientific, Inc./tx entered into Exit Credit Agreement with Wilmington Trust, National Association, as administrative agent and collateral agent, and the lenders party thereto valued at $80 million (effective 2024-01-23).

Action
entry
Agreement
credit facility
Counterparty
Wilmington Trust, National Association, as administrative agent and collateral agent, and the lenders party thereto
Value
$80 million
Effective
2024-01-23
Exact text from the filing
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

83 governance changes filed in the last 30 days. Browse all governance changes →

Core Scientific, Inc./tx filing history →

Source: SEC EDGAR
accession 0001193125-24-014941
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