CoreWeave Prices Upsized $2.25 Billion Convertible Senior Notes Offering
CoreWeave Inc. has priced its upsized $2.25 billion convertible senior notes offering, increased from $2 billion. Purchasers can buy an additional $337.5 million within 13 days. Net proceeds are estimated at $2,210.6 million, or $2,542.2 million if fully exercised. $295.7 million will fund capped call transactions, with the rest for corporate purposes. The cap price is $215.60 per share, a 150% premium over CoreWeave's last stock price.
CoreWeave Inc. has announced the pricing of its upsized private offering of $2.25 billion aggregate principal amount of 1.75% convertible senior notes due 2031. The offering was increased from the previously announced $2 billion. Initial purchasers have also been granted an option to purchase up to an additional $337.5 million aggregate principal amount of notes within a 13-day period following issuance. Net proceeds are estimated to be approximately $2,210.6 million (or $2,542.2 million if the option is fully exercised), after deducting initial purchasers’ discounts and commissions. CoreWeave plans to use about $295.7 million of the proceeds to fund capped call transactions and the remainder for general corporate purposes. The capped call transactions have a cap price of $215.60 per share, representing a 150% premium over the last reported sale price of CoreWeave’s class A common stock. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoreWeave Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251209164014) on December 09, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
