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Core Scientific Announces Preliminary Results of Special Meeting of Stockholders

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  • Core Scientific stockholders did not approve the previously announced merger agreement with CoreWeave, Inc. at a special meeting held today.
  • The final voting results will be reported in a Form 8-K filed with the U.S. Securities and Exchange Commission.
  • Core Scientific operates high-density colocation facilities in Alabama, Georgia, Kentucky, North Carolina, North Dakota, Oklahoma, & Texas.
  • The company is converting most facilities to support artificial intelligence workloads & next-generation colocation services.
  • Core Scientific intends to repurpose remaining digital asset mining facilities to support high-density colocation computing services while retaining electrical power access.
  • The press release includes forward-looking statements subject to risks such as power availability, regulatory changes, & market volatility.