CoreWeave sets up at-the-market offering for up to 35 million Class A shares, alongside $3bn convertible bond sale

CoreWeave said Thursday it established an at-the-market stock offering program that could allow the AI cloud company to sell up to 35 million Class A shares, alongside a $3 billion convertible bond issuance. The company also said it has continued signing contracts for new compute capacity at higher prices since June 30. Shares fell more than 5%.

Detected & updated continuously · Source: Nebula