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
Checked on September 17, 2026. The cited source supports every part of this claim.
The 10-Q states that 8,750,000 Class A shares worth $350 million were issued in connection with a commercial agreement with a strategic customer. Elsewhere the filing identifies that customer as OpenAI.
Confirmed in the source:
- CoreWeave issued 8,750,000 shares of Class A common stock
- The shares had an aggregate value of $350 million at issuance
- The shares were issued in connection with a commercial agreement with a strategic customer to provide AI infrastructure services
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 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.”