InvestmentApr 15, 2026, 04:11 PM
CoreWeave Raises $1.0 Billion in Private Placement
AI Summary
CoreWeave, Inc. completed a private placement on April 15, 2026, issuing and selling 9,174,311 shares of its Class A common stock to Jane Street Global Trading, LLC. The transaction was priced at $109.00 per share, generating approximately $1.0 billion in cash for the company. This capital infusion was conducted under Section 4(a)(2) of the Securities Act of 1933, indicating a non-public offering.
Key Highlights
- CoreWeave sold 9,174,311 Class A common shares.
- The shares were sold at $109.00 per share.
- The private placement raised approximately $1.0 billion in cash.
- Jane Street Global Trading, LLC was the purchaser.