Form 8-K · Current Report · Filed 2025-07-07

CoreWeave Announces Agreement to Acquire Core Scientific in All-Stock Transaction

On July 7, 2025, CoreWeave, Inc. announced an agreement to acquire Core Scientific, Inc. in an all-stock transaction. The acquisition aims to verticalize CoreWeave's data center footprint, future-proof revenue growth, and enhance profitability. Core Scientific stockholders will receive 0.1235 shares of CoreWeave Class A common stock for each Core Scientific share. The transaction is expected to close in Q4 2025, subject to regulatory and stockholder approval. The acquisition is anticipated to deliver significant cost savings and financing flexibility, and expand CoreWeave's expertise in data center infrastructure.