Workflow
Corporate merger fairness
icon
Search documents
CORZ Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Core Scientific With CoreWeave
GlobeNewswire News Roomยท 2025-07-23 14:00
Core Scientific and CoreWeave Merger Investigation - The law firm Wohl & Fruchter LLP is investigating the fairness of the proposed all-stock merger between Core Scientific, Inc. and CoreWeave, where Core Scientific shareholders will receive 0.1235 shares of CoreWeave Class A common stock for each share of Core Scientific they own [1][3] - Since the announcement of the merger, Core Scientific's stock price has decreased by over 25%, dropping from $18.00 per share on July 3, 2025, to $13.48 per share on July 22, 2025 [2][4] - The investigation focuses on whether the Core Scientific Board of Directors acted in the best interests of shareholders in approving the merger, particularly regarding the fairness of the exchange ratio and the disclosure of material information related to the transaction [5]