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)
View cached copy (2026-09-23)Live source ↗
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
Checked on September 26, 2026. The cited source supports every part of this claim.
The release states both the $498.8 million capped call allocation and the use of the remainder for general corporate purposes.
Confirmed in the source:
- CoreWeave intends to use approximately $498.8 million of net proceeds to fund the cost of capped call transactions
- CoreWeave intends to use the remainder of the net proceeds for general corporate purposes
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1769628/000176962826000432/ex991pricing.htm) in full (12,234 characters, retrieved September 23, 2026) and checked each assertion in the claim against it.
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”