Thu, Sep 17, 2026

CoreWeave establishes at-the-market program for 35 million Class A shares

Key points

First at-the-market equity program. Equity Distribution Agreement dated 17 September 2026 covering up to 35,000,000 shares of Class A common stock, with a commission of up to 2.0% of the sales price, off the Form S-3 shelf filed 5 June 2026 (File No. 333-296553). Eleven sales agents: Deutsche Bank, Goldman Sachs, J.P. Morgan, Jefferies, Morgan Stanley, MUFG, Citigroup, Credit Agricole, SG Americas, TD Securities and Wells Fargo. The company expects to agree with the initial purchasers that no shares will be sold under the agreement until at least 30 days after the date of the purchase agreement for the concurrent convertible notes offering, putting the earliest possible sales around mid-October 2026. Nothing had been sold as of 17 September 2026. Disclosed alongside the objective of migrating the credit profile toward investment grade. Also reported in the same day's 8-K, items 7.01 and 8.01, accession 0001769628-26-000429.