Use of offering proceeds for capped call transactions
Company: CoreWeave
The claim, verbatim
CoreWeave intends to use a portion of net proceeds to fund capped call transactions expected to reduce potential dilution to common stock upon conversion of Notes
Source (primary)
coreweave 8-K exhibit (exhibit991pressrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-24)Live source ↗
Quote: “CoreWeave intends to use a portion of the net proceeds from the offering to fund the cost of entering into the capped call transactions...The capped call transactions are expected generally to reduce the potential dilution to CoreWeave's Class A common stock upon any conversion of Notes”
How we checked this
Checked on September 27, 2026. The cited source supports every part of this claim.
The press release states both the use of proceeds for capped calls and their expected dilution-reducing effect, which the release says is subject to a cap.
Confirmed in the source:
- CoreWeave intends to use a portion of the net proceeds to fund the cost of entering into capped call transactions
- The capped call transactions are expected generally to reduce potential dilution to CoreWeave's Class A common stock upon conversion of the Notes
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1769628/000176962825000105/exhibit991pressrelease.htm) in full (8,131 characters, retrieved September 24, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms coreweave 8-K exhibit (exhibit991pressrelease.htm)
Quote: “CoreWeave intends to use a portion of the net proceeds from the offering to fund the cost of entering into the capped call transactions...The capped call transactions are expected generally to reduce the potential dilution to CoreWeave's Class A common stock upon any conversion of Notes”