---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-155925"
form_type: "8-K"
ticker: "CORZ"
cik: "0001839341"
company_name: "Core Scientific, Inc./tx"
filed_at: "2025-07-07T23:59:59+00:00"
generated_at: "2026-05-18T09:20:05.623755+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-155925
- form_type: 8-K
- ticker: CORZ
- cik: 0001839341
- company_name: Core Scientific, Inc./tx
- filed_at: 2025-07-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839341/000119312525155925/0001193125-25-155925-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839341/000119312525155925/d52423d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-155925
- JSON: https://secwatch.observer/filing/0001193125-25-155925.json
- Plain text: https://secwatch.observer/filing/0001193125-25-155925.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.