CoreWeave Plans $2B Convertible Debt Offering, Shares Drop Amid Investor Caution

CoreWeave (CRWV) shares fell as the AI cloud-computing company plans to raise $2 billion through convertible notes, with part of the proceeds used to protect shareholders from stock dilution.

CoreWeave Plans $2B Convertible Debt Offering, Shares Drop Amid Investor Caution
Credit: Michael Nagle/Bloomberg
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