Core Scientific, Inc. Announces Merger with CoreWeave

On October 10, 2025, Core Scientific, Inc. announced a proposed merger with CoreWeave, Inc. to enhance strategic growth.

Key Highlights:

• Core Scientific stockholders to receive 0.1235 shares of CoreWeave for each share held.
• The merger offers a 71% premium to the 10-day VWAP exchange ratio as of June 25, 2025.
• Expected to close in Q4 2025, subject to stockholder approval.
• Transaction aims to eliminate $7.3 billion in financing needs for Core Scientific.
• Combined company to benefit from $500 million in annual cost savings by 2027.

Original SEC Filing: Core Scientific, Inc./tx [ CORZ ] - 8-K - Oct. 10, 2025