The agreement will swap each Core Scientific share for 0.1235 CoreWeave shares, valuing Core Scientific stock at $20.40, a 66% premium to its price late last month.
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CoreWeave to Acquire Core Scientific in $9B All-Stock Deal
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Core Scientific stockholders will receive 0.1235 shares of newly issued CoreWeave stock, per share held, once the acquisition by CoreWeave is complete.
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