Deals
CoreWeave IPO Is Said to Be Oversubscribed After First Day
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CoreWeave Inc. is expected to guide prospective investors that its initial public offering has received orders for all of the shares available, according to people familiar with the matter.
The IPO for Nvidia Corp.-backed company is oversubscribed after early mutual fund support and one-on-one conversions, the people said, asking not to be identified as the information isn’t public. The offering could raise as much as $2.7 billion at the top of the marketed range.