secwatch.observer — SEC 8-K summary
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Issuer:     Core Scientific, Inc./tx (CORZ)
CIK:        0001839341
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001628280-26-030918
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Core Scientific to acquire Polaris DS for ~$421M; Muskogee campus expansion to 1.5 GW
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- Total purchase price ~$421M in cash; additional $40M if 40 MW of firm capacity available by Dec 31, 2026.
- Acquisition adds 440 MW of gross power under agreement with Oklahoma Gas & Electric; expected close early Q3 2026.
- Target assets include ~40 acres adjacent to Core Scientific's Muskogee campus and electrical substation.
- Core Scientific plans to expand Muskogee campus to ~1.5 GW gross power; second 82.5 MW building delivery Q4 2027.
- Existing 70 MW building for Nvidia GB300 platform on track for Q2 2026 delivery; funded from existing liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839341/000162828026030918/0001628280-26-030918-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839341/000162828026030918/core-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-030918

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer