Termination fee payable to CoreWeave
Company: CoreWeave
The claim, verbatim
Core Scientific will pay CoreWeave a termination fee of $270 million if Core Scientific terminates the merger agreement due to a change of board recommendation or to pursue a superior proposal.
Source (primary)
CoreWeave 8-K/A filed 2025-07-07 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Upon the termination of the Merger Agreement under specified circumstances, including, among others, the termination by the Company in the event of a change of recommendation by the Company's board of directors or by the Company in order to enter into a definitive agreement with respect to a Superior Proposal, the Company would be required to pay Parent a termination fee of $270.0 million”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states that Core Scientific must pay CoreWeave a $270.0 million termination fee in specified circumstances. These include terminating after a board recommendation change or to pursue a superior proposal.
Confirmed in the source:
- Core Scientific would be required to pay CoreWeave a termination fee of $270.0 million under specified circumstances
- Those circumstances include termination by Core Scientific after a change of recommendation by its board
- Those circumstances include termination by Core Scientific to enter into an agreement for a superior proposal
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: “Upon the termination of the Merger Agreement under specified circumstances, including, among others, the termination by the Company in the event of a change of recommendation by the Company's board of directors or by the Company in order to enter into a definitive agreement with respect to a Superior Proposal, the Company would be required to pay Parent a termination fee of $270.0 million”