CoreWeave IPO

Extracted Attributes

• Company

  CoreWeave

• Exchange

  Nasdaq Global Select Market

• Event Type

  Initial Public Offering (IPO)

• Significance

  Largest U.S. tech IPO since 2021

• Ticker Symbol

  CRWV

• IPO Pricing Date

  2025-03-27

• Trading Start Date

  2025-03-28

• Company Headquarters

  Livingston, New Jersey, United States

• Total Shares Offered

  37,500,000 shares

• Company Founding Date

  2017

• Expected Closing Date

  2025-03-31

• Over-allotment Option

  5,625,000 shares

• Public Offering Price

  $40.00 per share

• Company Specialization

  AI cloud-computing, GPU infrastructure

• Employees (end of 2024)

  881

• Shares Sold by CoreWeave

  36,590,000 shares

• Nvidia's Pre-IPO Voting Power

  1%

• Intrator's Pre-IPO Voting Power

  38%

• Shares Sold by Existing Stockholders

  910,000 shares

• Supercomputer Data Center Investment

  $1.6 billion for Nvidia in Plano, Texas

Timeline

• CoreWeave was founded. (Source: Wikipedia)

  2017

• Registration statement for securities declared effective by the Securities and Exchange Commission. (Source: Web Search Results)

  2025-03-27

• CoreWeave announced the pricing of its initial public offering at $40.00 per share. (Source: Web Search Results)

  2025-03-27

• CoreWeave shares began trading on the Nasdaq Global Select Market under the ticker symbol "CRWV". (Source: Web Search Results)

  2025-03-28

• The initial public offering was expected to close. (Source: Web Search Results)

  2025-03-31

CoreWeave

CoreWeave, Inc. is an American AI cloud-computing startup based in Livingston, New Jersey. It specializes in providing cloud-based graphics processing unit (GPU) infrastructure to artificial intelligence developers and enterprises, and also develops its own chip management software. Founded in 2017 and focused on high-performance computing, CoreWeave has its own data centers operating in the United States and Europe, with some dedicated to multiple companies and some to a single client. Its $1.6 billion supercomputer data center for Nvidia in Plano, Texas has been described by Nvidia as the fastest AI supercomputer in the world.

Web Search Results

• CoreWeave Announces Pricing of Initial Public Offering

  LIVINGSTON, N.J., March 27, 2025 /PRNewswire/ -- CoreWeave, Inc. ("CoreWeave"),%2C)  the AI Hyperscaler™, announced today the pricing of its initial public offering of 37,500,000 shares of its Class A common stock at a public offering price of $40.00 per share. The offering consists of 36,590,000 shares of Class A common stock to be sold by CoreWeave and 910,000 shares of Class A common stock to be sold by existing stockholders (the "Selling Stockholders"). CoreWeave will not receive any [...] The shares are expected to begin trading on the Nasdaq Global Select Market on March 28, 2025 under the ticker symbol "CRWV." The offering is expected to close on March 31, 2025, subject to the satisfaction of customary closing conditions. In addition, CoreWeave has granted the underwriters a 30-day option to purchase up to an additional 5,625,000 shares of Class A common stock to cover over-allotments at the initial public offering price, less underwriting discounts and commissions. [...] A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 27, 2025. The offering is being made only by means of a prospectus. A copy of the final prospectus may be obtained, when available, from: Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or email: [[email

• CoreWeave opens at $39 after biggest U.S. tech IPO since 2021

  The offering has captured the attention of investors from Wall Street to Silicon Valley, as CoreWeave represents the first pure-play AI IPO and the largest tech debut in the U.S. in four years. The IPO market has been largely shut since the end of 2021, as the tech industry reckoned with rising inflation and interest rates. [...] CoreWeave was founded in 2017 and is based in Livingston, New Jersey. The company had 881 employees at the end of 2024. Prior to the IPO, Intrator controlled 38% of CoreWeave's voting power, while Nvidia held 1%. Other investors include Fidelity and Magnetar. On Thursday CNBC reported that Nvidia was anchoring the IPO at $40 per share with a $250 million order. [...] Few tech companies have debuted on U.S. exchanges in recent years. There were just 13 venture-backed technology IPOs in 2022, 2023 and 2024 combined, compared with 77 in the record year of 2021, according to data from Jay Ritter, an emeritus professor of finance at the University of Florida. ## Read more CNBC tech news CoreWeave's offering is the largest U.S. IPO since automation software maker UiPath's $1.57 billion New York Stock Exchange debut in 2021.

• CoreWeave Company Overview - YouTube

  ### Description 16391 views Posted: 28 Mar 2025 [...] CoreWeave, the AI Hyperscaler™, delivers a cloud platform of cutting-edge software powering the next wave of AI. The company's technology provides enterprises and leading AI labs with cloud solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers across the US and Europe. CoreWeave was ranked as one of the TIME100 most influential companies and featured on Forbes Cloud 100 ranking in 2024 #Tech #AI #Cloud #AICloud #Future #CoreWeave [...] 39 comments ### Transcript:

• About Us - CoreWeave

  CoreWeave is a cloud purpose-built for scaling, supporting, and accelerating GenAI. We’re a comprehensive platform and strategic partner designed to tackle today—and tomorrow’s—challenges of deploying AI at scale. We manage the complexities of AI growth to make supercomputing accessible and push the limits of what’s possible. Our teams create modern solutions to support modern technology. Get the premier choice for working with GenAI workloads. ## Our values [...] Abridge Abridge Open AI Open AI Jane Street Jane Street Cohere Cohere Google Google WaveForms AI WaveForms AI Stabilty AI Stabilty AI RunDiffusion RunDiffusion Radical AI Radical AI Mozilla Mozilla Inflection Inflection Fireworks AI Fireworks AI Debuild Debuild Databricks Databricks Augment Augment Altum Altum Alethea Alethea Conjecture Conjecture Chai Chai MistralAI MistralAI NovelAI NovelAI # Work with us [...] ### Empower employees We trust each other to make decisions, communicate transparently, and are clear on our goals. We support each other with the tools, resources, and feedback necessary to succeed. We know that employees can do their best work when they feel valued, supported, and heard. ### Act like an owner

• CoreWeave Inc - Company Profile and News - Bloomberg Markets

  CoreWeave, Inc. provides software solutions and cloud services. The Company offers cloud infrastructure platform that manages the complexity of engineering, assembling, running, and monitoring state-of-the-art infrastructure at a massive scale to deliver high performance and efficiency to AI workloads. CoreWeave serves customers worldwide. ### More from Bloomberg [...] Image 1 The Potential Cancer, Health Risks Lurking in One Popular OTC DrugImage 2 Trump Tax Bill Advances After Deal for Faster Medicaid CutsImage 3 Trump Hands Putin Win With Retreat From Ukraine Peace TalksImage 4 China-US Tariff Truce Prompts Some Nations to Shift Tactics []( Terms of ServiceDo Not Sell or Share My Personal InformationTrademarksPrivacy Policy CareersMade in NYCAdvertise Ad Choices Help©2025 Bloomberg L.P. All Rights Reserved. [...] Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ### For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information ### Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 ### Company