Convertible notes conversion to CoreWeave securities
Company: CoreWeave
The claim, verbatim
CoreWeave will enter into supplemental indentures converting Core Scientific's convertible notes into convertible notes exchangeable for CoreWeave Class A Common Stock.
Source (primary)
CoreWeave 8-K/A filed 2025-07-07 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Parent will enter into one or more supplemental indentures to the Company's Indenture, dated August 19, 2024... pursuant to which the right of the holders of such then outstanding convertible notes to convert each $1,000 principal amount of such convertible notes into shares of Company Common Stock will be converted into a right to convert such principal amount of convertible notes into a number of shares of Parent Class A Common Stock”
How we checked this
Checked on September 17, 2026. The cited source supports part of this claim, but not all of it.
The filing says supplemental indentures will change what the existing notes convert into, from Core Scientific stock to CoreWeave Class A stock. It does not say the notes will be replaced by or converted into new notes.
Confirmed in the source:
- CoreWeave will enter into one or more supplemental indentures to Core Scientific's convertible note indentures before the merger takes effect
- After the merger, holders' right to convert the notes into Core Scientific common stock will become a right to convert into CoreWeave Class A common stock
We could not confirm this from the cited source:
- Core Scientific's convertible notes will themselves be converted into new convertible notes
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1769628/000095010325008526/dp231288_8ka.htm) in full (29,035 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CoreWeave 8-K/A filed 2025-07-07
Quote: “Parent will enter into one or more supplemental indentures to the Company's Indenture, dated August 19, 2024... pursuant to which the right of the holders of such then outstanding convertible notes to convert each $1,000 principal amount of such convertible notes into shares of Company Common Stock will be converted into a right to convert such principal amount of convertible notes into a number of shares of Parent Class A Common Stock”