merger

Under the merger agreement, the definition of “Superior Company Proposal” refers to a weighing of not just price but also regulatory, financing, timing, and legal risks.

It is accused of failing to pay a similar figure to that of the shares seized in taxes during that merger.

But he added a note of caution, saying the company didn’t feel that a merger was “necessary.”

Core Scientific said the merger agreement has been terminated and it will remain publicly traded after it failed to secure the shareholder votes necessary to approve the deal.

Core Scientific’s board announced the termination of its merger agreement with CoreWeave due to a lack of shareholder approval.