CoreWeave (CRWV) News: $2B Capital Raise Sends Stock Lower
Shares of Coreweave (CRWV) fell 8% on Monday after the AI infrastructure company announced plans to borrow $2 billion from investors by issuing debt that can be turned into common stock. The convertible debt offering could rise to $2.3 billion if the $300 million underwriter greenshoe option is exercised in full. While pricing hasn’t yet...
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