Capped call transactions funded from proceeds
Company: CoreWeave
The claim, verbatim
CoreWeave used about $566.2 million of the proceeds to fund capped call transactions with an initial cap price of $199.70 per share, intended to reduce potential dilution when the notes convert.
Source (primary)
CoreWeave Completes $4.2 Billion Convertible Notes Offering - Yahoo Finance (-, news_article)
View cached copy (2026-09-29)Live source ↗
Quote: “The capped call transactions, which cost about $566.2 million, have an initial cap price of $199.70 per share and are designed to reduce potential dilution from the notes' conversion”
How we checked this
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Additional evidence
confirms CoreWeave Completes $4.2 Billion Convertible Notes Offering - Yahoo Finance
Quote: “The capped call transactions, which cost about $566.2 million, have an initial cap price of $199.70 per share and are designed to reduce potential dilution from the notes' conversion”
