Convertible notes offering and at-the-market share program
Company: CoreWeave
The claim, verbatim
CoreWeave announced a $3.7 billion convertible notes offering with conversion price of approximately $97.85 per share and a program permitting the sale of up to 35 million Class A shares
Source (primary)
A Nearly $20 Million Reason to Buy CoreWeave Stock - Yahoo Finance (-, news_article)
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Quote: “the company announced a $3 billion convertible notes offering along with a program permitting the sale of up to 35 million Class A shares. The convertible offering was later upsized to $3.7 billion with a conversion price of approximately $97.85 per share”
How we checked this
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Additional evidence
confirms A Nearly $20 Million Reason to Buy CoreWeave Stock - Yahoo Finance
Quote: “the company announced a $3 billion convertible notes offering along with a program permitting the sale of up to 35 million Class A shares. The convertible offering was later upsized to $3.7 billion with a conversion price of approximately $97.85 per share”