InfraCompute / Investments
CoreWeave IPO on Nasdaq
IPO · CoreWeave · US$1.5bn, 27 March 2025.
Key terms
- Company
- CoreWeave
- Date
- 27 March 2025
- Type
- IPO
- Value
- US$1.5bn
- Status
- Completed
- Region
- US
What happened
CoreWeave priced its IPO at US$40.00 a share, below the marketed US$47 to US$55 range, and began trading on Nasdaq as CRWV on 28 March 2025.
Recorded terms
- Shares
- 36.59m primary and 0.91m secondary
- Over-allotment option
- 5.625m shares
- Value basis
- 37.5m Class A shares at US$40.00; about US$1.46bn to the company
- Segment
- GPU cloud
Parties
More investments
For counsel on a deal like this
M&A, preferred equity and joint venture terms from the filed agreements, for the buyer’s, the seller’s or the sponsor’s side. Previews are open; the full text is free with InfraCompute Weekly.
Sources
- CoreWeave: CoreWeave announces pricing of initial public offeringSource date: 27 March 2025
About this record
Compiled from the sources above. Investments are recorded separately from the debt register and are not counted in debt totals. Terms are as announced and may have changed since. Methodology · Send a correction.
