STOCK TITAN

[8-K] CoreWeave, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

CoreWeave, Inc. reports that, following a Termination Event that ended a shareholder put right, shares previously classified as redeemable mezzanine equity were reclassified into Class A common stock inside stockholders' equity. This reclassification increased stockholders' equity by $1.2 billion, reflecting the removal of the shares' redeemable status that had kept them outside regular equity. The filing notes the put shares had been treated as mezzanine because they were redeemable outside the company's control prior to the termination.

CoreWeave, Inc. riferisce che, a seguito di un Evento di terminazione che ha posto fine a un put azionario degli azionisti, azioni precedentemente classificate come capitale mezzanino rimborsabile sono state riclassificate in azioni ordinarie di Classe A all'interno dell'equity degli azionisti. Questa riclassificazione ha aumentato l'azionariato degli azionisti di $1.2 miliardi, riflettendo la rimozione dello status rimborsabile che le aveva escluse dall'equity regolare. Il deposito osserva che le azioni put erano state trattate come mezzanino perché erano rimborsabili al di fuori del controllo dell'azienda prima della terminazione.

CoreWeave, Inc. informa que, tras un Evento de Terminación que puso fin a un derecho de venta de los accionistas, las acciones previamente clasificadas como capital mezzanino rescatable fueron reclasificadas como acciones ordinarias de Clase A dentro del patrimonio de los accionistas. Esta reclasificación aumentó el patrimonio de los accionistas en $1.2 mil millones, reflejando la eliminación del estatus rescatable que las mantenía fuera del patrimonio regular. El archivo señala que las acciones de venta se habían tratado como mezzanino porque eran rescatables fuera del control de la empresa antes de la terminación.

CoreWeave, Inc.는, 주주가 행사한 매각권이 종료된 종료 사건 이후, 이전에 환매 가능한 메자닌 자본으로 분류되던 주식이 주주 자본 내의 클래스 A 보통주로 재분류되었다고 보고합니다. 이 재분류로 환매 가능 상태가 제거되어 일반 자본에서 벗어나 있던 주식의 위치를 반영하여 주주자본이 $1.2십억 증가했습니다. 제출서는 매도주가 종료 이전에 회사의 관리 밖에서 상환 가능했기 때문에 메자닌으로 다루어졌다고 밝힙니다.

CoreWeave, Inc. rapporte que, à la suite d'un Événement de résiliation mettant fin à un droit de vente des actionnaires, des actions auparavant classées comme capitaux mezzanine remboursables ont été reclasées en actions ordinaires de classe A dans les capitaux propres des actionnaires. Cette reclassement a augmenté les capitaux propres des actionnaires de $1,2 milliards, reflétant la suppression du statut remboursable qui les avait tenues hors des capitaux propres réguliers. Le dossier note que les actions put avaient été traitées comme mezzanine car elles étaient remboursables en dehors du contrôle de l'entreprise avant la résiliation.

CoreWeave, Inc. meldet, dass nach einem Beendigungsereignis, das ein Put-Recht der Aktionäre beendete, zuvor als rückzahlbares Mezzanine-Eigenkapital klassifizierte Aktien in Klasse-A-Stammaktien innerhalb des Eigenkapitals der Aktionäre umklassifiziert wurden. Diese Umklassifizierung erhöhte das Eigenkapital der Aktionäre um $1,2 Milliarden, da der rückzahlbare Status entfernt wurde, der sie vom regulären Eigenkapital außerhalb hielt. Die Einreichung bemerkt, dass die Put-Aktien aufgrund ihrer Rückzahlbarkeit außerhalb der Kontrolle des Unternehmens vor der Beendigung als Mezzanine behandelt wurden.

CoreWeave, Inc. تُبلغ أنه، في أعقاب حدث إنهاء أنهى حق البيع الممنوح للمساهمين، تمت إعادة تصنيف الأسهم التي كانت تُصنّف سابقاً كرأس مال mezzanine قابلة للإعادة التصنيف إلى أسهم عادية من الفئة A داخل حقوق المساهمين. هذا التصنيف أعاد زيادة حقوق المساهمين بمقدار $1.2 مليار، مع reflects إزالة وضعها القابل للاسترداد الذي كان يمنعها من الدخول في حقوق الملكية العادية. يُشير الملف إلى أن أسهم البيع كانت مُعامَلة كمِيزانين لأنها قابلة للاسترداد خارج سيطرة الشركة قبل الإنهاء.

CoreWeave, Inc. 报告称,在结束股东出售权的 终止事件 之后,之前被归类为可赎回夹层股权的股票被重新分类为股东权益中的 A类普通股。此次重新分类使股东权益增加了 $1.2亿美元,反映了已移除使其处于常规股本之外的可赎回属性。披露称,在终止前,该等出售股因可赎回且处于公司控制之外而被作为夹层股处理。

Positive
  • Stockholders' equity increased by $1.2 billion due to reclassification
  • Removal of redeemable status simplifies equity presentation on the balance sheet
Negative
  • None.

Insights

Reclassification lifts reported equity by $1.2 billion.

The termination of the put right changed the accounting treatment: quantities previously presented as mezzanine equity because of external redeemability are now recorded as Class A common stock within stockholders' equity. This is an accounting reclassification that increases reported equity without indicating new cash inflows.

The primary dependency is the legal and contractual finality of the termination; if the termination is effective, the classification change is permanent for financial reporting. Watch for any additional disclosures that quantify the number of shares reclassified or describe related cash settlement obligations within the next reporting periods.

CoreWeave, Inc. riferisce che, a seguito di un Evento di terminazione che ha posto fine a un put azionario degli azionisti, azioni precedentemente classificate come capitale mezzanino rimborsabile sono state riclassificate in azioni ordinarie di Classe A all'interno dell'equity degli azionisti. Questa riclassificazione ha aumentato l'azionariato degli azionisti di $1.2 miliardi, riflettendo la rimozione dello status rimborsabile che le aveva escluse dall'equity regolare. Il deposito osserva che le azioni put erano state trattate come mezzanino perché erano rimborsabili al di fuori del controllo dell'azienda prima della terminazione.

CoreWeave, Inc. informa que, tras un Evento de Terminación que puso fin a un derecho de venta de los accionistas, las acciones previamente clasificadas como capital mezzanino rescatable fueron reclasificadas como acciones ordinarias de Clase A dentro del patrimonio de los accionistas. Esta reclasificación aumentó el patrimonio de los accionistas en $1.2 mil millones, reflejando la eliminación del estatus rescatable que las mantenía fuera del patrimonio regular. El archivo señala que las acciones de venta se habían tratado como mezzanino porque eran rescatables fuera del control de la empresa antes de la terminación.

CoreWeave, Inc.는, 주주가 행사한 매각권이 종료된 종료 사건 이후, 이전에 환매 가능한 메자닌 자본으로 분류되던 주식이 주주 자본 내의 클래스 A 보통주로 재분류되었다고 보고합니다. 이 재분류로 환매 가능 상태가 제거되어 일반 자본에서 벗어나 있던 주식의 위치를 반영하여 주주자본이 $1.2십억 증가했습니다. 제출서는 매도주가 종료 이전에 회사의 관리 밖에서 상환 가능했기 때문에 메자닌으로 다루어졌다고 밝힙니다.

CoreWeave, Inc. rapporte que, à la suite d'un Événement de résiliation mettant fin à un droit de vente des actionnaires, des actions auparavant classées comme capitaux mezzanine remboursables ont été reclasées en actions ordinaires de classe A dans les capitaux propres des actionnaires. Cette reclassement a augmenté les capitaux propres des actionnaires de $1,2 milliards, reflétant la suppression du statut remboursable qui les avait tenues hors des capitaux propres réguliers. Le dossier note que les actions put avaient été traitées comme mezzanine car elles étaient remboursables en dehors du contrôle de l'entreprise avant la résiliation.

CoreWeave, Inc. meldet, dass nach einem Beendigungsereignis, das ein Put-Recht der Aktionäre beendete, zuvor als rückzahlbares Mezzanine-Eigenkapital klassifizierte Aktien in Klasse-A-Stammaktien innerhalb des Eigenkapitals der Aktionäre umklassifiziert wurden. Diese Umklassifizierung erhöhte das Eigenkapital der Aktionäre um $1,2 Milliarden, da der rückzahlbare Status entfernt wurde, der sie vom regulären Eigenkapital außerhalb hielt. Die Einreichung bemerkt, dass die Put-Aktien aufgrund ihrer Rückzahlbarkeit außerhalb der Kontrolle des Unternehmens vor der Beendigung als Mezzanine behandelt wurden.

FALSE000176962800017696282025-09-252025-09-25

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________
FORM 8-K
___________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported): October 6, 2025 (September 25, 2025)
___________________________________
CoreWeave, Inc.
(Exact name of registrant as specified in its charter)
___________________________________

Delaware

001-42563

82-3060021
(State or other jurisdiction of
incorporation or organization)
(Commission File Number)(I.R.S. Employer Identification Number)
290 W Mt. Pleasant Ave., Suite 4100
Livingston, NJ
07039
(Address of registrant's principal executive offices)
(Zip Code)
Registrant's telephone number, including area code: (973) 270-9737
___________________________________
Not Applicable
(Former name or former address, if changed since last report)
___________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
Class A Common Stock, $0.000005 par value per shareCRWVThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).



Emerging growth company    
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.




Item 8.01 Other Information

As previously disclosed, holders of CoreWeave, Inc.’s (the “Company”) legacy Series C convertible preferred stock (the “Put Shares”) had a “put” right on the first trading day immediately after March 31, 2027 (the “Public Sale Date”) that would require the Company to repurchase the Put Shares at a price per share of $38.95 payable in cash, representing an aggregate payment of $1.2 billion. The Put Right automatically terminates pursuant to the terms thereof in certain circumstances, including when the Company’s Class A common stock has a 20 day volume-weighted average price in any consecutive 30 trading day period of at least $68.16 at any point on or prior to March 31, 2027 during which Coatue Management, L.L.C. is not subject to a contractual lock-up agreement (the “Termination Event”). The Termination Event occurred on September 25, 2025 and, as a result, the Put Right has automatically terminated.

Accordingly, prior to the Termination Event, the Put Shares were classified as mezzanine equity due to the shares being redeemable outside of the Company’s control; however, upon the termination of the put right, the Company’s redeemable Class A common stock was reclassified into Class A common stock within stockholders’ equity (deficit), increasing stockholders’ equity by $1.2 billion.






SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 6, 2025

COREWEAVE, INC.
By:
/s/ Michael Intrator
Name:
Michael Intrator
Title:
Chief Executive Officer

FAQ

What change did CoreWeave (CRWV) report on the 8-K?

CoreWeave reported that a put right was terminated and previously redeemable shares were reclassified from mezzanine to Class A common stock, increasing equity by $1.2 billion.

Does the reclassification involve new cash inflows for CoreWeave?

No. The filing describes an accounting reclassification that increases stockholders' equity by $1.2 billion; it does not state any new cash received.

Why were the shares previously shown as mezzanine equity?

The shares were classified as mezzanine because they were redeemable outside the company's control, which requires presentation outside regular shareholders' equity.

What triggered the reclassification to Class A common stock?

The reclassification followed the termination of the put right, removing the redeemable feature that had required mezzanine presentation.

Will this change affect CoreWeave's reported liabilities?

The filing only describes a reclassification into equity and an increase in equity by $1.2 billion; it does not state any change to reported liabilities.
CoreWeave, Inc.

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