Home / Restatements / Core Scientific, Inc./tx

5/5Core Scientific, Inc./tx (CORZ): Non-reliance / restatement

Filed 2026-03-02 路 Form 8-K 路 Accession 0001628280-26-013214 mid

Market data

Price before filing: $16.97 (2026-02-27 close, split/dividend-adjusted)
Market cap at flag: $5.32B (2026-03-02) 路 Latest: $4.39B (2026-10-16)

What happened next

WindowCORZSPYvs SPY
30 days-9.8%-4.2%-5.6%2026-04-01
90 days+68.2%+10.9%+57.4%2026-06-01
180 days-3.9%+12.4%-16.4%2026-08-31

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: 1 insider sold $153K (1 sale); 1 insider bought $102K (1 purchase)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-03-02: red flag filed
2026-03-09Weiss Eric Stanton
Director
Purchase7,000$14.53$102KnoForm 4
2026-04-01DUCHENE TODD M
See remarks
Sale10,000$15.25$153KyesForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-02 to 2026-04-01. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"On February 25, 2026, the Audit Committee (the "Audit Committee") of the Board of Directors of the Company, in consultation with management, determined that the Company's consolidated financial statements for the three and six months ended June 30, 2024, the three and nine months ended September 30, 2024, the year ended December 31, 2024, the three months ended March 31, 2025, the three and six months ended June 30,..."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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