Strategic customer share issuance
Company: CoreWeave
The claim, verbatim
Issued 8,750,000 shares of Class A common stock with aggregate value of $350 million to a strategic customer in connection with commercial agreement to provide AI infrastructure services
Source (primary)
CoreWeave 10-Q filed 2025-08-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In connection with a commercial agreement with a strategic customer to provide AI infrastructure services, we also issued 8,750,000 shares of Class A common stock on March 31, 2025, with an aggregate value of $350 million at the time of issuance based on a price per share equal to the IPO price.”
How we checked this
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Additional evidence
confirms CoreWeave 10-Q filed 2025-08-13
Quote: “In connection with a commercial agreement with a strategic customer to provide AI infrastructure services, we also issued 8,750,000 shares of Class A common stock on March 31, 2025, with an aggregate value of $350 million at the time of issuance based on a price per share equal to the IPO price.”