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Wednesday, January 19, 2022

Equity Corporate Actions Alert #2022 - 9
Information Regarding the Business Combination of Power & Digital Infrastructure Acquisition Corp. (XPDI/W/U) and Core Scientific, Inc.

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The business combination of Power & Digital Infrastructure Acquisition Corp. (XPDI/W/U) and Core Scientific, Inc. closed today, Wednesday, January 19, 2022. Following the completion of the business combination, the company's Class A Common stock (XPDI) and Warrants (XPDIW) will undergo a name, symbol, and CUSIP number change and the company's Units (XPDIU) will be suspended from trading. These actions will become effective on Thursday, January 20, 2022. The combined company will list on the Nasdaq Global Select Market

The details of the name, symbol, & CUSIP changes are follows:

Current Company Name & Issue Type: Power & Digital Infrastructure Acquisition Corp. Class A Common Stock
New Company Name & Issue Type: Core Scientific, Inc. Common Stock
Current CUSIP: 739190106
New CUSIP: 21873J108
Current Symbol: XPDI
New Symbol: CORZ
Marketplace Effective Date: Thursday, January 20, 2022

Current Company Name & Issue Type: Power & Digital Infrastructure Acquisition Corp. Warrants
New Company Name & Issue Type: Core Scientific, Inc. Warrants expiring 1/19/2027
Current CUSIP: 739190114
New CUSIP: 21873J116
Current Symbol: XPDIW
New Symbol: CORZW
Marketplace Effective Date: Thursday, January 20, 2022

If you would like to register as a market maker in CORZ or CORZW, contact Nasdaq Trading Services at +1 212 231 5100.

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