CoreWeave to acquire Core Scientific in ~$9B all-stock deal; 0.1235 CRWV shares per CORZ

Core Scientific, Inc./tx

Total equity value ~$9.0B based on fully diluted shares and CoreWeave 5-day VWAP as of July 3, 2025.
Premium of ~66% to Core Scientific's unaffected closing price of $12.30 on June 25, 2025.
Core Scientific stockholders will own less than 10% of combined company; expected close in Q4 2025, subject to regulatory and stockholder approval.
Immediate elimination of over $10B cumulative future lease overhead over next 12 years; estimated $500M annual run-rate cost savings by end of 2027.
CoreWeave gains ~1.3 GW gross power footprint with additional 1 GW+ expansion potential.

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This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.