CoreWeave Reaffirms Commitment to All-Stock Acquisition of Core Scientific, Addresses Criticisms from Two Seas Capital

Reuters
Oct 17
<a href="https://laohu8.com/S/CRWV">CoreWeave</a> Reaffirms Commitment to All-Stock Acquisition of <a href="https://laohu8.com/S/CORZQ">Core Scientific</a>, Addresses Criticisms from Two Seas Capital

CoreWeave Inc., a cloud computing company specializing in AI, has reaffirmed its commitment to acquiring Core Scientific, Inc. in an all-stock transaction under the terms previously agreed on July 7, 2025. The company emphasized that the offer is its best and final proposal, and outlined the strategic benefits of the combination, including immediate value and ongoing participation in the growth of CoreWeave's AI platform. CoreWeave also addressed and corrected what it described as misleading statements from Two Seas Capital regarding the transaction, reiterating that the deal offers greater long-term value and reduces risks compared to Core Scientific's standalone plan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoreWeave Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251016309934) on October 16, 2025, and is solely responsible for the information contained therein.

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