Core Scientific, Inc. Tranche 1 Warrants

Core Scientific Inc. Warrant represents a financial derivative that provides the holder the right, but not the obligation, to purchase shares of Core Scientific Inc. at a predetermined price before a specified expiration date. These warrants are often used by investors as a tool to gain leveraged exposure to the underlying equity of Core Scientific Inc., which is known for its activities in the cryptocurrency mining and blockchain technology sectors. The warrant allows investors to participate in potential growth without owning the stock outright, featuring characteristics similar to options but typically with longer durations. Core Scientific Inc. is acknowledged for its substantial impact within the technology and cryptocurrency industry, providing essential infrastructure and solutions for blockchain applications. These warrants play a pivotal role in facilitating capital raising and offering strategic investment opportunities to stakeholders in the evolving financial market landscape.