Rejection of CoreWeave unsolicited takeover proposal
Company: Core Scientific
The claim, verbatim
Core Scientific received an unsolicited non-binding proposal from CoreWeave on June 3, 2024 to acquire all outstanding shares, fully diluted, for $5.75 per share in cash. The Board rejected it, determining that it significantly undervalues the Company and is not in the best interests of the Company and its shareholders.
Source (primary)
core-scientific 8-K exhibit (ex991-corzunsolicitedpropo.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-03)Live source ↗
Quote: “received an unsolicited non-binding proposal from CoreWeave on June 3, 2024 to acquire all of the outstanding shares of the Company on a fully diluted basis for $5.75 per share in cash”
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 core-scientific 8-K exhibit (ex991-corzunsolicitedpropo.htm)
Quote: “received an unsolicited non-binding proposal from CoreWeave on June 3, 2024 to acquire all of the outstanding shares of the Company on a fully diluted basis for $5.75 per share in cash”