Two Seas Capital, Core Scientific's Largest Active Shareholder, Announces Intention to Vote Against the Proposed Sale to CoreWeave
Issues Open Letter to Core Scientific Shareholders Outlining Its Belief that the Proposed Transaction Materially Undervalues Core Scientific and Unnecessarily Exposes Shareholders to Substantial Ec...
How might this development impact the credit metrics and financing arrangements currently in place for Core Scientific?
Could the dissent from the largest active shareholder trigger a proxy contest or leadership changes at Core Scientific?
What is the composition of the remaining shareholder base and their likely stance on the transaction?
22 days ago