CoreWeave Intends To Offer $2B Aggregate Principal Amount Of Its Convertible Senior Notes Due 2031

CoreWeave, Inc. (NASDAQ:CRWV) ("CoreWeave") today announced its intention to offer, subject to market and other conditions, $2 billion aggregate principal amount of its convertible senior notes due 2031 (the "Notes") in a private offering. CoreWeave also intends to grant the initial purchasers of the Notes an option to purchase, for settlement within a 13-day period beginning on, and including, the date on which the Notes are first issued, up to an additional $300 million aggregate principal amount of Notes.