CoreWeave investors sell more than $1bn in shares as IPO lock-up ends
Director Jack Cogen offloads stake with an aggregate market value of about $300mn
Director Jack Cogen offloads stake with an aggregate market value of about $300mn

Data centre group has ridden wave of enthusiasm for artificial intelligence

New filing shows internal deliberations that preceded takeover deal that has rankled some shareholders

Some investment funds may vote against deal unless protections are added to limit the potential downside

Deal’s collapse could hurt CoreWeave plans to meet growth plans that have driven soaring stock price

Hedge fund Two Seas Capital says tie-up’s structure is ‘deficient’ and could undervalue the target

Bankers and lawyers cautiously optimistic that investor confidence is returning