jain.com

Convertible Notes Conversion Terms

Company: CoreWeave

Subject kind
financing
Statement date
2025-12-10
Promised amount
30003356.0 units
Current status
stated

The claim, verbatim

Initial conversion rate of 9.2764 shares per $1,000 principal. Maximum conversion rate of 11.5955 shares per $1,000 principal. Maximum of 30,003,356 shares of Class A common stock may be issued upon conversion in full

Source (primary)

CoreWeave 8-K filed 2025-12-11 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The conversion rate will initially be 9.2764 shares of CoreWeave's Class A common stock per $1,000 principal amount of Notes... subject to a maximum conversion rate of 11.5955 shares of CoreWeave's Class A common stock per $1,000 principal amount of Notes. A maximum of 30,003,356 shares of CoreWeave's Class A common stock may be issued upon conversion of the Notes in full”

How we checked this

Attempted on September 16, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1769628/000176962825000105/crwv-20251208.htm) in full (21,078 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms CoreWeave 8-K filed 2025-12-11

Quote: “The conversion rate will initially be 9.2764 shares of CoreWeave's Class A common stock per $1,000 principal amount of Notes... subject to a maximum conversion rate of 11.5955 shares of CoreWeave's Class A common stock per $1,000 principal amount of Notes. A maximum of 30,003,356 shares of CoreWeave's Class A common stock may be issued upon conversion of the Notes in full”

View cached copy (2026-08-31)Live source ↗