Situational Awareness LP and Associates Acquire 5.8% Stake in Core Scientific, Inc.
Situational Awareness LP, along with its associates, has acquired a 5.8% stake in Core Scientific, Inc., a company listed on the stock exchange. The acquisition was made for investment purposes, with the reporting persons believing that the common stock was undervalued and represented an attractive investment opportunity. The total amount spent on purchasing the shares was $213,190,431.12. The reporting persons have shared voting and dispositive power over 17,682,918 shares of common stock. They may continue to monitor the issuer's operations and financial position and may take further actions such as purchasing additional shares or selling their current holdings depending on market conditions and other factors. The reporting persons have no present plans or proposals that would result in a change of control or other significant corporate actions.