IPO - CoreWeave, Inc.

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Form Type: 424B4

Filing Date: 2025-03-31

Corporate Action: Ipo

Type: New

Accession Number: 000119312525067651

Filing Summary: CoreWeave, Inc. is launching its initial public offering (IPO) of 37,500,000 shares of Class A common stock, with 36,590,000 shares being offered by the company and 910,000 shares by selling stockholders. The IPO price is set at $40.00 per share, potentially raising $1.5 billion. CoreWeave is gearing up to list on Nasdaq under the ticker 'CRWV'. This offering marks the establishment of a public market for its Class A common stock, which previously did not exist. The company outlines significant voting power concentrations among co-founders, who will collectively hold about 79.9% of the voting rights post-offering. CoreWeave identifies as an 'emerging growth company', subject to certain reduced disclosure obligations. Risks are highlighted for potential investors, and the company has initiated processes to provide shares to employees via a directed share program. Furthermore, this IPO illustrates CoreWeave’s intent to capitalize on the growing demand for AI infrastructure services which it believes will reach a substantial market size in coming years. The underwriters have also secured a 30-day option to purchase additional shares to cover over-allotments, ensuring they can meet demand. The shares are expected to be delivered to purchasers around March 31, 2025.

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Additional details:

Initial Public Offering Price: 40.00


Total Initial Public Offering Value: 1500000000


Shares Offered By Company: 36590000


Shares Offered By Selling Stockholders: 910000


Proceeds To Company: 1422619200


Proceeds To Selling Stockholders: 35380800


Underwriting Discount Per Share: 1.12


Total Underwriting Discounts And Commissions: 42000000


Co Founder Voting Power: 79.9


Nasdaq Symbol: CRWV


Form Type: S-1/A

Filing Date: 2025-03-20

Corporate Action: Ipo

Type: New

Accession Number: 000119312525058309

Filing Summary: CoreWeave, Inc. is filing its Amendment No. 2 to Form S-1 Registration Statement with the SEC on March 20, 2025, for an initial public offering (IPO) of 49,000,000 shares of Class A common stock. The offering consists of 47,178,660 shares from the company and 1,821,340 shares from selling stockholders. There is no prior public market for these shares, with expected pricing between $47.00 and $55.00 per share. The company is applying to list its shares on Nasdaq under the symbol 'CRWV.' Upon the completion of the offering, CoreWeave will have three series of authorized common stock designated as Class A, B, and C, with differing voting rights. The co-founders will retain significant voting power post-offering, influencing stockholder decisions. As an emerging growth company, CoreWeave plans to utilize reduced disclosure obligations. The document also outlines risk factors associated with investing in the company’s common stock and states that the SEC has not approved or disapproved of the offered securities.

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Additional details:

Company Name: CoreWeave, Inc.


Address: 290 W Mt. Pleasant Ave., Suite 4100, Livingston, NJ 07039


Initial Public Offering Price Range: $47.00 to $55.00


Number Of Shares Offered: 49,000,000


Number Of Class A Shares Offered By Company: 47,178,660


Number Of Class A Shares Offered By Selling Stockholders: 1,821,340


Nasdaq Symbol: CRWV


Voting Power Distribution: {"michael_intrator":"37.0%","brian_venturo":"23.2%","brannin_mcbee":"18.7%"}


Form Type: S-1/A

Filing Date: 2025-03-12

Corporate Action: Ipo

Type: New

Accession Number: 000119312525052207

Filing Summary: CoreWeave, Inc. is conducting an initial public offering (IPO) of its Class A common stock. This is the first amendment to their Form S-1 registration statement under the Securities Act of 1933, filed with the SEC. The company plans to offer shares of Class A common stock to the public, with details regarding the offering price per share pending. CoreWeave’s platform is tailored for AI applications, supporting advanced infrastructure needs and entrusted by leading AI enterprises such as IBM, Microsoft, and OpenAI. The document highlights the potential for AI-driven economic growth, projecting significant market opportunities in the AI infrastructure space. CoreWeave is positioned as a vital player in this sector, emphasizing its role in enabling faster training and inference for AI models through its proprietary technology. The registration statement is pending effective approval by the SEC, and the details regarding the total number of shares and specific pricing are not finalized yet.

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Additional details:

Company Address: 290 W Mt. Pleasant Ave., Suite 4100 Livingston, NJ 07039


Company Phone: (973) 270-9737


Ceo Name: Michael Intrator


Initial Public Offering: Yes


Listing Symbol: CRWV


Stock Type: Class A Common Stock


Total Shares: TBD


Offering Price Range: TBD


Underwriter Names: Morgan Stanley, J.P. Morgan, Goldman Sachs & Co. LLC, Barclays, Citigroup, MUFG, Deutsche Bank Securities, Jefferies, Mizuho, Wells Fargo Securities, BofA Securities, Guggenheim Securities, Needham & Company, Galaxy Digital


Form Type: S-1

Filing Date: 2025-03-03

Corporate Action: Ipo

Type: New

Accession Number: 000119312525044231

Filing Summary: CoreWeave, Inc. is filing this registration statement for its initial public offering (IPO) of Class A common stock. This offering is expected to generate significant interest as there has been no prior public market for the company's shares. The Class A common stock will be offered by CoreWeave and also by selling stockholders. The company anticipates the initial public offering price per share to range between specified amounts. Following the completion of the offering, CoreWeave's co-founders will maintain substantial voting power. The company is classified as an emerging growth company, which allows it to benefit from reduced disclosure requirements. CoreWeave Cloud Platform supports AI development and operations and is designed to meet the high-performance needs of AI workloads, aiming to capitalize on the growing economic impact of AI which is projected to reach $20 trillion by 2030. This offering and listing on Nasdaq will enable the company to leverage its position in the AI hyperscaler market.

Document Link: View Document

Additional details:

Company Name: CoreWeave, Inc.


Address: 290 W Mt. Pleasant Ave., Suite 4100, Livingston, NJ 07039


Phone Number: (973) 270-9737


Agent For Service: Michael Intrator, Chief Executive Officer


Underwriters: Morgan Stanley, J.P. Morgan, Goldman Sachs & Co. LLC, Barclays, Citigroup, MUFG Deutsche Bank Securities, Jefferies, Mizuho, Wells Fargo Securities, BofA Securities, Guggenheim Securities, Needham & Company, Galaxy Digital


Class Of Stock: Class A Common Stock


Expected Listing Exchange: Nasdaq


Offering Size: unspecified number of shares


Form Type: DRS/A

Filing Date: 2025-02-11

Corporate Action: Ipo

Type: New

Accession Number: 000095012325001587

Filing Summary: CoreWeave, Inc. is initiating its initial public offering (IPO) of Class A common stock, marking an entry into public markets with the intent to offer shares as soon as practicable after this registration statement becomes effective. The document states the company's commitment to transparency and regulatory adherence while highlighting the confidential nature of its submission to the SEC. As an emerging growth company, CoreWeave is taking advantage of reduced disclosure obligations and emphasizes the significance of its proprietary CoreWeave Cloud Platform designed for AI workloads. This anticipated offering will provide CoreWeave with the necessary capital to enhance its operations and augment its market position. The firm underscores its potential for substantial growth within the AI cloud infrastructure sector, supported by industry forecasts projecting significant economic impacts of AI by 2030. Importantly, this IPO is set against a backdrop of competition and potential dominance in a rapidly evolving technological landscape, where enhanced efficiency and performance are crucial.

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Additional details:

Registration Number: 333-______


State Of Incorporation: Delaware


Irs Employer Identification Number: 82-3060021


Address: 101 Eisenhower Parkway, Suite 106 Roseland, NJ 07068


Ceo Name: Michael Intrator


Primary Sic Code: 7372


Contact Number: (973) 270-9737


Initial Public Offering Price Range: $__ and $__ per share


Number Of Shares Offered: ____


Stock Symbol: CRWV


Underwriters: Morgan Stanley, J.P. Morgan, Goldman Sachs & Co. LLC


Effective Date Of Offering: to be determined after SEC's approval


Emerging Growth Company Status: yes


Form Type: DRS/A

Filing Date: 2025-01-22

Corporate Action: Ipo

Type: New

Accession Number: 000095012325000507

Filing Summary: CoreWeave, Inc. is conducting an initial public offering (IPO) of shares of Class A common stock, with a registration statement submitted to the SEC on January 22, 2025. The offering is designed to raise capital and there has been no prior public market for its Class A common stock. The expected IPO price per share is not finalized, and the initial listing is planned on an unspecified exchange under the symbol 'CRWV.' The company has noted that it is classified as an 'emerging growth company,' allowing for less extensive disclosure obligations. CoreWeave's platform focuses on AI infrastructure and is poised to capitalize on a market anticipated to grow significantly, with a projected spending of $399 billion on AI-related services by 2028. The company underscores its strength in managing AI-intensive workloads effectively with high performance and efficiency, while their supercomputing infrastructure provides accelerated results in training AI models. Post-offering, the Co-Founders will retain a significant voting power in the company's stock, potentially influencing future corporate decisions.

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Additional details:

Registration Statement Number: 333-82-3060021


Primary Sic Code: 7372


Address: 101 Eisenhower Parkway, Suite 106, Roseland, NJ 07068


Phone Number: (973) 270-9737


Ceo Name: Michael Intrator


Ceo Address: 101 Eisenhower Parkway, Suite 106, Roseland, NJ 07068


Ceo Phone Number: (973) 270-9737


Legal Counsel: Fenwick & West LLP


Legal Counsel Address: 902 Broadway, 18th Floor, New York, NY 10010


Legal Counsel Phone Number: (212) 430-2600


Underwriters: Morgan Stanley, J.P. Morgan, Goldman Sachs & Co. LLC


Form Type: DRS

Filing Date: 2024-12-16

Corporate Action: Ipo

Type: New

Accession Number: 000095012324012268

Filing Summary: CoreWeave, Inc. is filing a draft registration statement for its initial public offering (IPO) of Class A common stock under Form S-1. The document outlines that this is the initial offering of shares and that CoreWeave's platform powers AI applications, asserting itself as an AI Hyperscaler. The company aims to leverage its purpose-built infrastructure for AI workloads to tap into a market projected to reach $399 billion by 2028. The prospectus indicates that investments carry associated risks, and potential shareholders should review detailed sections, including risk factors and management's discussions before making investment decisions. Importantly, CoreWeave indicates it will operate as an emerging growth company, which allows for reduced disclosure obligations. The company plans to list its Class A common stock on a trading exchange under the symbol 'CRWV.'

Document Link: View Document

Additional details:

State Of Incorporation: Delaware


Irs Employer Identification Number: 82-3060021


Principal Executive Office Address: 101 Eisenhower Parkway, Suite 106 Roseland, NJ 07068


Phone Number: (973) 270-9737


Ceo Name: Michael Intrator


Ceo Address: 101 Eisenhower Parkway, Suite 106 Roseland, NJ 07068


Ceo Phone Number: (973) 270-9737


Underwriters: Morgan Stanley, J.P. Morgan, Goldman Sachs & Co. LLC


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