CRWV, CORZ

, CORZ

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Date: --/--/-- --:--:--
Event Id: E5DG33QJV
Action Type: ACQUISITION
Action Status: CANCELLED
Acquirer Symbol:
Target Symbol: CORZ
Updated: --/--/-- --:--:--
Purchase Price Per Share:
Price Per Share Currency:
News References: https://www.businesswire.com/news/home/20251030641010/en/

Action Notes

CoreWeave and Core Scientific today announced that they have signed a definitive agreement under which CoreWeave will acquire Core Scientific in an all-stock transaction. Under the terms of the merger agreement, Core Scientific stockholders will receive 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core Scientific common stock based on a fixed exchange ratio. The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions, including regulatory approval and approval by Core Scientific stockholders. The Core Scientific special shareholder meeting to vote on the transaction will be held on 10/30.