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Core Scientific Files Registration Statement For Shares Held By Existing Shareholders; The 10.8M Shares Associated With Registration Statement Are Included In Core Scientific's 177.6M Total Current Share Count As Of April 11, 2024

Author: Benzinga Newsdesk | April 15, 2024 09:20am
  • The 10.8 million shares associated with registration statement are included in Core Scientific's 177.6 million total current share count as of April 11, 2024

Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in bitcoin mining and application-specific digital infrastructure for emerging high-value compute,today announced the filing of a registration statement for 10.8 million shares held by existing shareholders.

The Company is not selling any shares of common stock being offered by the registration statement and will not receive any of the proceeds from any sale of such shares by any selling shareholders. The registration statement has been filed with the SEC but is not yet effective. The securities registered under the registration statement may not be sold, nor may offers to buy be accepted prior to the time the registration statement is declared effective.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. A copy of the prospectus relating to the offering, when available, may be obtained from the Company at investors.corescientific.com.

Posted In: CORZ

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