secwatch.observer — SEC 8-K summary
======================================

Issuer:     CoreWeave, Inc. (CRWV)
CIK:        0001769628
Form:       8-K
Filed at:   2025-12-11T23:59:59+00:00
Accession:  0001769628-25-000105
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoreWeave closes $2.5875B convertible note offering at 1.75%, due 2031
----------------------------------------------------------------------

- Total principal $2.5875B including full greenshoe; net proceeds ~$2.542B after discounts.
- Interest 1.75% semiannual, maturity Dec 1, 2031; conversion at $107.80 (25% premium over $86.24 close).
- Entered $340M in capped call transactions to reduce dilution; remaining proceeds for general corporate purposes.
- Conversion rate 9.2764 shares/$1k; notes redeemable after Dec 5, 2028 if stock >=130% of conversion price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1769628/000176962825000105/0001769628-25-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1769628/000176962825000105/crwv-20251208.htm
  HTML page:      https://secwatch.observer/filing/0001769628-25-000105

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer