CoreWeave Attracts Major Fund Investment: Magnetar Gains Rights to 179K Shares
Magnetar Structured Credit Fund LP filed an amended Form 3/A for CoreWeave, disclosing beneficial ownership of securities initially omitted from their original March 27, 2025 filing.
Rhea-AI Filing Summary
Magnetar Structured Credit Fund LP filed an amended Form 3/A for CoreWeave, disclosing beneficial ownership of securities initially omitted from their original March 27, 2025 filing. The fund is reported as a 10% owner of CoreWeave (CRWV).
Key disclosure details:
- The fund holds derivative securities in the form of Right to Purchase agreements for 179,250 shares of Class A Common Stock
- Exercise price set at $40 per share
- Rights are exercisable from March 27, 2025, with expiration on March 27, 2026
- Ownership form is Direct (D), though MSCF disclaims beneficial ownership except for its pecuniary interest
The amendment was signed by Hayley A. Stein as attorney-in-fact, representing the fund's complex management structure through Supernova Management LLC, Magnetar Capital Partners LP, and Magnetar Financial LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Right to Purchase | -- | -- | -- |
Footnotes (2)
- F1. This Form 3/A is being filed to include securities beneficially owned by the reporting person as of March 27, 2025, which were inadvertently omitted from the original Form 3.
- F2. Magnetar Structured Credit Fund, LP ("MSCF") disclaims beneficial ownership of the reported securities, except to the extent of its pecuniary interest therein.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What securities does Magnetar Structured Credit Fund LP own in CRWV as of March 2025?
When did Magnetar Structured Credit Fund LP become a 10% owner of CRWV?
Why did CRWV's Magnetar Structured Credit Fund LP file an amended Form 3 (Form 3/A)?
What is the ownership structure of CRWV's Magnetar Structured Credit Fund LP's holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.