Scientific News: Core Scientific terminates $9 billion purchase offer from CoreWeave after shareholder vote

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Details: Written by Bing News Search Results; Category: Science Daily Reports; Published: 30 October 2025; Created: 30 October 2025; Last Updated: 30 October 2025

(Reuters) -Crypto miner Core Scientific on Thursday ended its agreement to be sold to Nvidia-backed CoreWeave, after shareholders voted against the proposal. CoreWeave had struck an all-stock deal ...
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Source:www.msn.com

Posted: 2025-10-30 07:43:37

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Scientific News: Core Scientific shareholders vote against acquisition by CoreWeave, deal halted

Thu, 30 Oct 2025 22:07:15 +0000

Under the terms of the merger agreement, Core Scientific stockholders were to receive 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core Scientific common stock. On ...
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Scientific News: Shareholders reject $9bn CoreWeave offer for Core Scientific

Thu, 30 Oct 2025 16:07:17 +0000

Several Core Scientific shareholders, including the hedge fund Two Seas Capital, had argued the all-stock deal undervalued Core Scientific’s long-term prospects. Shares of CoreWeave had swung wildly ...
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