0000950170-24-007648.txt : 20240125
0000950170-24-007648.hdr.sgml : 20240125
20240125211048
ACCESSION NUMBER: 0000950170-24-007648
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240123
FILED AS OF DATE: 20240125
DATE AS OF CHANGE: 20240125
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sterling Denise Marie Brucia
CENTRAL INDEX KEY: 0001922985
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40046
FILM NUMBER: 24563905
MAIL ADDRESS:
STREET 1: C/O CORE SCIENTIFIC, INC.
STREET 2: 201 BARTON SPRINGS ROAD
CITY: AUSTIN
STATE: TX
ZIP: 78704
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Core Scientific, Inc./tx
CENTRAL INDEX KEY: 0001839341
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
ORGANIZATION NAME: 09 Crypto Assets
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 106 EAST 6TH STREET, SUITE 900-145
CITY: AUSTIN
STATE: TX
ZIP: 78701
BUSINESS PHONE: (425) 998-5300
MAIL ADDRESS:
STREET 1: 106 EAST 6TH STREET, SUITE 900-145
CITY: AUSTIN
STATE: TX
ZIP: 78701
FORMER COMPANY:
FORMER CONFORMED NAME: Power & Digital Infrastructure Acquisition Corp.
DATE OF NAME CHANGE: 20210106
4
1
ownership.xml
4
X0508
4
2024-01-23
0001839341
Core Scientific, Inc./tx
CORZ
0001922985
Sterling Denise Marie Brucia
C/O CORE SCIENTIFIC, INC.
838 WALKER ROAD, SUITE 21-2105
DOVER
DE
19904
false
true
false
false
Chief Financial Officer
false
Common Stock, par value $0.0001 per share
2024-01-23
4
D
false
1518472
D
0
D
Common Stock, par value $0.00001 per share
2024-01-23
4
A
false
1518472
A
1518472
D
On December 21, 2022, Core Scientific, Inc. (the "Issuer") and certain of its affiliates (collectively, the "Debtors") filed voluntary petitions (the "Chapter 11 Cases") in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court") seeking relief under Chapter 11 of Title 11 of the United States Code. On January 16, 2024, the Bankruptcy Court entered an order confirming the Debtors' Fourth Amended Joint Chapter 11 Plan of Reorganization of Core Scientific, Inc. and its Affiliated Debtors (with Technical Modifications) (the "Plan"), dated as of January 15, 2024. On January 23, 2024 (the "Effective Date"), the Plan became effective in accordance with its terms and the Debtors emerged from the Chapter 11 Cases.
On the Effective Date, pursuant to the terms of the Plan, the Issuer's common stock outstanding immediately before the Effective Date, par value $0.0001 per share (the "Old Common Stock"), was canceled and is of no further force or effect, and in exchange all holders of Old Common Stock received their pro rata share of new common stock, par value $0.00001 per share ("New Common Stock") representing, in the aggregate, approximately 21% of the shares of the reorganized Issuer (subject to dilution by awards issuable under a new management incentive plan and shares of New Common Stock issuable upon conversion or exercise of certain secured convertible notes, warrants, contingent value rights and settlement shares issued as part of the reorganization). The receipt of the New Common Stock in exchange for Old Common Stock was involuntary, without consideration and in accordance with the Plan approved by the Bankruptcy Court.
/s/ Todd DuChene, as Attorney-in-Fact
2024-01-25