Latham & Watkins Advises on CoreWeave’s At-the-Market Offering Program

CoreWeave, Inc. (Nasdaq: CRWV) has announced the establishment of an at-the-market offering program under which it may offer and, if applicable, sell up to 35 million shares of Class A common stock from time to time through Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Jefferies LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., SG Americas Securities, LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC, as sales agents and/or through the offer and sale of borrowed shares of Class A common stock by one or more of Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, and Citigroup Global Markets Inc. as forward sellers pursuant to a collared forward sale agreement.

Latham & Watkins LLP represented the banks in the transaction with a Capital Markets team led by partners Keith Halverstam, Salvatore Vanchieri, and Erica Kassman, with associates Kathleen Mehary, Alison Vitello, and Jessmine Lee and assistance from Gabriel Andrade. Advice was also provided on tax matters by partners Rene de Vera and Aaron Bernstein, with associates Sam Yang and Jack Santoro; and on derivatives matters by partner Reza Mojtabaee-Zamani, with associate Daniel Weiss.