Core Scientific acquisition agreement
Company: CoreWeave
The claim, verbatim
Entered into definitive agreement on July 7, 2025 to acquire Core Scientific, Inc., a leading data center infrastructure provider, in all-stock transaction expected to close in Q4 2025, subject to regulatory and stockholder approval
Source (primary)
CoreWeave 10-Q filed 2025-08-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On July 7, 2025, we entered into a definitive agreement to acquire Core Scientific, Inc. ("Core Scientific"), a leading data center infrastructure provider, in an all-stock transaction (the "Core Scientific Acquisition"). The Core Scientific Acquisition is expected to help us verticalize our data center footprint to support revenue growth and improve operational profitability. The Core Scientific Acquisition is expected to close in the fourth quarter of 2025, subject to regulatory and Core Scientific stockholder approval and certain other closing conditions.”
How we checked this
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Additional evidence
confirms CoreWeave 10-Q filed 2025-08-13
Quote: “On July 7, 2025, we entered into a definitive agreement to acquire Core Scientific, Inc. ("Core Scientific"), a leading data center infrastructure provider, in an all-stock transaction (the "Core Scientific Acquisition"). The Core Scientific Acquisition is expected to help us verticalize our data center footprint to support revenue growth and improve operational profitability. The Core Scientific Acquisition is expected to close in the fourth quarter of 2025, subject to regulatory and Core Scientific stockholder approval and certain other closing conditions.”