Two Seas Capital's Schedule 13D Filing for Core Scientific, Inc.

Two Seas Capital LP, Two Seas Capital GP LLC, and Sina Toussi (collectively, the 'Reporting Persons') filed a Schedule 13D with the SEC regarding their holdings in Core Scientific, Inc. The Reporting Persons collectively own approximately 6.3% of Core Scientific's common stock, including warrants and options. The filing details the acquisition of these securities for investment purposes and outlines their intent to vote against the proposed merger between Core Scientific and CoreWeave, Inc. The Reporting Persons have expressed concerns about the merger in an open letter to Core Scientific's shareholders and plan to solicit proxies against the merger at the upcoming special meeting. Additionally, the filing includes a list of transactions involving Core Scientific's securities over the past 60 days, reflecting the Reporting Persons' active trading in the company's stock and options.