IPO, CoreWeave
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And things weren’t any better in its trading debut on Friday.CoreWeave Inc., the cloud-computing provider that was targeting a $4 billion blockbuster IPO just weeks ago, raised $1.5 billion in a deal ...
From Bloomberg
The AI startup had priced its offering at $40 a share late Thursday, well below the $47 to $55 range it had been targeting.
From Wall Street Journal
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CoreWeave completed its IPO at a reduced price of $40 per share, raising $1.5 billion with backing from Nvidia and connections to both AI and crypto industries.
11hon MSN
After a long pause, it looks as though the market for initial public offerings (IPOs) may be heating up again. Even amid tariff uncertainty clouding the near-term picture, several private companies are now on track to go public.
CoreWeave priced its initial public offering at $40 a share Thursday night, lower than its expected range but still making it one of the biggest tech IPO in years.
CoreWeave received the most proceeds from a U.S. technology IPO since automation software maker UiPath went public in 2021.
CoreWeave's IPO priced lower than expected, at $40 per share, raising $1.5B and valuing it at $19B - SiliconANGLE
CoreWeave, a cloud computing company backed by Nvidia, priced its initial public offering at $40 per share Thursday, below its previously expected range.
CoreWeave (CRWV) set its initial public offering price at $40, less than its earlier estimate, selling 37.5M shares for $1.5B, on Thursday night, according to reports.
CoreWeave reduced the size of its U.S. initial public offering and priced its shares below the indicated range, the company said on Thursday, dampening expectations that the listing would boost investor appetite for IPOs.
Shares in CoreWeave, a cloud computing company backed by Nvidia, wavered in their market debut Friday, following a $1.5 billion initial public offering that priced below its expected range.
CoreWeave’s stock began trading on the Nasdaq exchange at $39 per share, which was below the company’s initial public offering (IPO) price of
CoreWeave stock market debut got a lukewarm reception from investors. Its IPO raised $1.5 billion, valuing the AI company at $23 billion. The company's reliance on Microsoft and its founders ...
2don MSN
But that doesn't mean that other likely tech IPOs this year are destined to be duds. CoreWeave's stock fell as much as 5% in the first hours of trading on Friday before rebounding to near their $40 IPO price.