CoreWeave's $1.2B put right on Series C preferred automatically terminated; equity increased by $1.2B

CoreWeave, Inc.

Put right requiring $1.2B repurchase of Series C preferred at $38.95/share terminated as Termination Event occurred on Sep 25, 2025.
Condition met: 20-day VWAP of Class A common stock >= $68.16 in a 30-day period before Mar 31, 2027; Coatue not locked up.
Redeemable preferred reclassified to Class A common equity, increasing stockholders' equity by $1.2 billion.
Previously classified as mezzanine equity outside of Company's control; now removed from redeemable status.

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