# Core Scientific, Inc./tx (CORZZ) — merger [completed]
Source: sec.gov · situation sit_2a19504bc9e0acdc45eb · public 9600728804556445344 · retrieved 2026-08-19T11:34:52.203Z

## Overview
Core Scientific, Inc. is a leader in designing, building and operating large-scale, purpose-built data centers for high-density colocation services serving artificial intelligence-related workloads and providing digital infrastructure and services to third-party customers.

Core Scientific, Inc. completed its acquisition of Polaris DS LLC on August 13, 2026, pursuant to a Merger Agreement dated May 5, 2026. The Company paid approximately $444.3 million in cash for the Target, which holds approximately 440 megawatts of gross, grid-connected power capacity under existing electric service agreements with Oklahoma Gas & Electric. The purchase price is subject to customary post-closing adjustments and may increase by an additional $40 million if an additional 40 megawatts of firm electric capacity becomes available to the Target prior to December 31, 2026. The Target survives as a wholly owned subsidiary of Core Scientific.

## Terms
- Counterparty: Polaris DS LLC (Target); Top Access Enterprises Limited (Seller) · Deal value: $444.3M · Consideration: cash

## Key dates
- Completed 2026-08-13

## Timeline
- 2026-08-14 · 8-K (0001839341-26-000018): 8-K - Core Scientific, Inc./tx — *Core Scientific, Inc. is a leader in designing, building and operating large-scale, purpose-built data centers for high-density colocation services serving artificial intelligence-related workloads and providing digital infrastructure and services to third-party customers.* Core Scientific, Inc. completed its acquisition of Polaris DS LLC on August 13, 2026, pursuant to a Merger Agreement dated May 5, 2026. The Company paid approximately $444.3 million in cash for the Target, which holds approximately 440 megawatts of gross, grid-connected power capacity under existing electric service agreements with Oklahoma Gas & Electric. The purchase price is subject to customary post-closing adjustments and may increase by an additional $40 million if an additional 40 megawatts of firm electric capacity becomes available to the Target prior to December 31, 2026. The Target survives as a wholly owned subsidiary of Core Scientific.
  https://www.sec.gov/Archives/edgar/data/1839341/0001839341-26-000018.txt

## Citations
- 0001839341-26-000018 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000183934126000018