IPO proceeds
Company: CoreWeave
The claim, verbatim
Completed IPO in March 2025 with net proceeds of $1.4 billion from issuance of 36,590,000 shares at $40.00 per share
Source (primary)
CoreWeave 10-Q filed 2025-08-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In March 2025, we completed our IPO, in which we issued and sold an aggregate of 36,590,000 shares of our Class A common stock at a public offering price of $40.00 per share. We received aggregate proceeds of $1.4 billion after deducting the underwriting discounts and commissions and offering expenses payable by us.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The 10-Q states that the March 2025 IPO sold 36,590,000 Class A shares at $40.00 each. It also states that the net proceeds were $1.4 billion.
Confirmed in the source:
- CoreWeave completed its IPO in March 2025
- It issued 36,590,000 shares of Class A common stock
- The public offering price was $40.00 per share
- The IPO resulted in proceeds of $1.4 billion net of underwriting discounts and commissions
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1769628/000176962825000041/crwv-20250630.htm) in full (481,765 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CoreWeave 10-Q filed 2025-08-13
Quote: “In March 2025, we completed our IPO, in which we issued and sold an aggregate of 36,590,000 shares of our Class A common stock at a public offering price of $40.00 per share. We received aggregate proceeds of $1.4 billion after deducting the underwriting discounts and commissions and offering expenses payable by us.”