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Core Scientific Inc (CORZ) has provided an announcement.
Core Scientific, Inc. has announced that their Tranche 2 Warrants are now exercisable following a surge in their stock’s volume weighted average price, which surpassed $8.72 for 20 consecutive days. Holders of the 81,927,898 outstanding Tranche 2 Warrants can now exercise each for one share of common stock at just $0.01 per share until the expiration date in 2029. This development signals potential growth and investor engagement in the company’s financial journey, although the company advises caution, noting that these forward-looking statements come with risks and uncertainties that could affect actual results.
See more data about CORZ stock on TipRanks’ Stock Analysis page.