Allocation of proceeds for capped call transactions
Company: CoreWeave
The claim, verbatim
CoreWeave intends to use approximately $498.8 million of net proceeds to fund capped call transactions; remainder for general corporate purposes
Source (primary)
coreweave 8-K exhibit (ex991pricing.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “CoreWeave intends to use approximately $498.8 million of the net proceeds to fund the cost of entering into the capped call transactions described below. CoreWeave intends to use the remainder of the net proceeds from the offering for general corporate purposes”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms coreweave 8-K exhibit (ex991pricing.htm)
Quote: “CoreWeave intends to use approximately $498.8 million of the net proceeds to fund the cost of entering into the capped call transactions described below. CoreWeave intends to use the remainder of the net proceeds from the offering for general corporate purposes”