Press release
CoreWeave Comments on Core Scientific Stockholder Vote
CoreWeave’s Proposed Acquisition of Core Scientific Terminated Due To Results of Stockholder Vote Companies Continue Longstanding Partnership CoreWeave’s
About this update from Coreweave, Inc.
[{"type":"text","content":"\nCoreWeave’s Proposed Acquisition of Core Scientific Terminated Due To Results of Stockholder Vote\n\n\nCompanies Continue Longstanding Partnership\n\n\nCoreWeave’s Growth Strategy Advances Amid Relentless Demand for AI Compute\n\n\n LIVINGSTON, N.J.--(BUSINESS WIRE)--\nCoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI™, today commented on the outcome of Core Scientific’s Special Meeting of Stockholders, held to consider the proposal to adopt the Agreement and Plan of Merger (the “Agreement”) pursuant to which CoreWeave would acquire Core Scientific in an all-stock transaction.\n\n\nBased on preliminary results, the proposal did not receive the necessary approval from Core Scientific stockholders. As a result, the Agreement has been terminated.\n\n\n\"We respect the views of Core Scientific stockholders and look forward to continuing our commercial partnership,” said Michael Intrator, Co-founder, Chairman, and Chief Executive Officer of CoreWeave. “CoreWeave’s strategy remains unchanged. We will continue to execute with discipline against our roadmap to create long-term shareholder value, including through opportunistic and strategic M&A.”\n\n\nCoreWeave and Core Scientific will continue to execute on their respective growth strategies and collaborate on shared opportunities that leverage their complementary strengths.\n\n\nThe final voting results from Core Scientific’s Special Meeting will be reported on a Form 8-K filed by Core Scientific with the U.S. Securities and Exchange Commission.\n\n\nABOUT COREWEAVE\n\n\nCoreWeave is The Essential Cloud for AI™. Built for pioneers by pioneers, CoreWeave delivers a platform of technology, tools, and teams that enables innovators to move at the pace of innovation, building and scaling AI with confidence. Trusted by leading AI labs, startups, and global enterprises, CoreWeave serves as a force multiplier by combining superior infrastructure performance with deep technical expertise to accelerate breakthroughs. Established in 2017, CoreWeave completed its public listing on Nasdaq (CRWV) in March 2025. Learn more at coreweave.com.\n\n\nFORWARD-LOOKING STATEMENTS\n\n\nThis press release contains forward-looking statements based on management’s expectations, assumptions, and projections using information available at the time the statements were made. These forward-looking stateme...