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Update: Core Scientific Terminates Merger Agreement With CoreWeave
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Update: Core Scientific Terminates Merger Agreement With CoreWeave
Oct 30, 2025 8:26 AM

11:05 AM EDT, 10/30/2025 (MT Newswires) -- (Updates to include a comment from CoreWeave ( CRWV ) and its recent stock movement in the last two paragraphs.)

Core Scientific ( CORZ ) said Thursday it has terminated its merger agreement with CoreWeave ( CRWV ) because it didn't receive the necessary votes from shareholders.

Core Scientific ( CORZ ) will continue trading on the Nasdaq Composite, it said.

CoreWeave ( CRWV ) Chief Executive Officer Michael Intrator said the company respects the voting results and looks forward to continuing its commercial partnership with Core Scientific ( CORZ ).

Shares of CoreWeave ( CRWV ) were down more than 5% in recent Thursday trading.

Price: 21.36, Change: +0.59, Percent Change: +2.84

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