{"schema_version":"secwatch.filing_event.v1","accession":"0001839341-26-000021","form_type":"8-K","ticker":"CORZ","cik":"0001839341","company_name":"Core Scientific, Inc./tx","filed_at":"2026-08-27T11:07:08+00:00","discovered_at":"2026-08-27T11:10:00.473411+00:00","generated_at":"2026-08-27T11:10:06.059872+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Core Scientific secures $600M credit facilities; CFO says ~$300M restricted cash to be released","bullets":["Entered $600M committed senior secured facilities: $100M revolver + $500M letter of credit; nothing drawn at closing.","Revolver priced at SOFR + 1.75% or base rate + 0.75%, 3-yr maturity (4-yr at Company election); L/C fee 1.75% + 0.125% fronting.","CFO Jim Nygaard: facilities expected to release ~$300M of restricted cash, improving capital efficiency and flexibility.","Covenants include minimum quarterly liquidity of $150M and $3.0B market-cap condition per borrowing; secured by first-priority lien on substantially all assets.","JPMorgan is administrative agent; Morgan Stanley, JPMorgan, Goldman Sachs, TD Securities as joint lead arrangers/bookrunners."],"urls":{"canonical":"https://secwatch.observer/filing/0001839341-26-000021","json":"https://secwatch.observer/filing/0001839341-26-000021.json","markdown":"https://secwatch.observer/filing/0001839341-26-000021.md","text":"https://secwatch.observer/filing/0001839341-26-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1839341/000183934126000021/0001839341-26-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1839341/000183934126000021/core-20260825.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-27T11:10:06.059872+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}