CoreWeave shares fell 2.4% in late Monday trading after the company announced the issuance of $2 billion convertible bonds. According to reports, CoreWeave has told investors that it plans to raise $2 billion by issuing bonds that can be converted into shares. The company said the offering involved convertible bonds due in 2031 issued through private placement. At the same time, the option to increase the distribution size by an additional $300 million was retained if needed.

CoreWeave shares fell 2.4% in late Monday trading after the company announced the issuance of $2 billion convertible bonds. According to reports, CoreWeave has told investors that it plans to raise $2 billion by issuing bonds that can be converted into shares. The company said the offering involved convertible bonds due in 2031 issued through private placement. At the same time, the option to increase the distribution size by an additional $300 million was retained if needed.