---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-156266"
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: "2026-05-18T09:20:03.881625+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Core Scientific agrees to be acquired by CoreWeave in all-stock merger

## Summary
- Each CORZ share will convert into 0.1235 shares of CoreWeave Class A common stock; exchange ratio fixed.
- Termination fee of $270M payable by Core Scientific if it accepts a superior proposal or changes recommendation.
- Merger requires Core Scientific stockholder approval, HSR clearance, and Nasdaq listing of CoreWeave shares.
- All outstanding Core Scientific equity awards and warrants will be converted into CoreWeave equity on comparable terms.
- Named executive officers to receive severance (2x salary+bonus plus 24mo COBRA) and excise tax gross-up upon closing.

## SEC filing metadata
- accession: 0001193125-25-156266
- 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: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839341/000119312525156266/0001193125-25-156266-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839341/000119312525156266/d945892d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-156266
- JSON: https://secwatch.observer/filing/0001193125-25-156266.json
- Plain text: https://secwatch.observer/filing/0001193125-25-156266.txt

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