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
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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”