CoreWeave announced on March 27, 2025, its plans to reduce the size of its U.S. initial public offering and price shares below the previously communicated range. This decision was reported by sources familiar with the matter.
The adjustment indicates a potential recalibration of investor demand or a response to broader macroeconomic headwinds affecting the public market. The initial expected pricing range was $47 to $55 per share.
This change in IPO terms suggests a more cautious approach to its market debut, potentially impacting the total capital raised and reflecting a more conservative valuation than initially anticipated.
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