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CORZ Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Merger of Core Scientific With CoreWeave

1. Core Scientific’s stock price fell over 25% post-merger announcement. 2. Investigation into the fairness of the merger with CoreWeave is underway. 3. Shareholders receive 0.1235 CoreWeave shares for each Core Scientific share. 4. Concerns raised about disclosure and board's interests in the merger. 5. Wohl & Fruchter LLP is leading the investigation into the merger.

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+1.71%Current Return
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+0.69%S&P 500
$13.4607/23 10:08 AM EDTEvent Start
$13.6907/24 04:35 PM EDTLatest Updated
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FAQ

Why Bearish?

The significant drop in Core Scientific's stock price indicates market mistrust. Historical cases show that substantial price drops often correlate with shareholder dissatisfaction in mergers.

How important is it?

The investigation and stock price drop highlight major shareholder concerns, potentially affecting CORZ's market perception. Investor sentiment can significantly sway the price in the near term.

Why Short Term?

Investigation outcomes or merger negotiations may influence stock price imminently. Similar investigations have historically affected stock valuations quickly.

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CORZCORE
MONSEY, N.Y., July 23, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Core Scientific, Inc. (Nasdaq: CORZ) (“Core Scientific”) with CoreWeave, Inc. (“CoreWeave”) in an all-stock transaction under which Core Scientific stockholders will receive 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core Scientific common stock that they own based on a fixed exchange ratio. Since the proposed merger was announced, Core Scientific’s stock price has fallen over 25% from a close of $18.00 per share on July 3, 2025 (the last trading day before the merger was announced) to a close of $13.48 per share on July 22, 2025. If you remain a Core Scientific shareholder and have concerns about the fairness of the proposed merger, you may contact our firm at the following link to discuss your legal rights at no charge: https://wohlfruchter.com/cases/core-scientific/ Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com. Why is there an investigation? On July 7, 2025, Core Scientific announced that it had agreed to merge with CoreWeave in an all-stock transaction under which Core Scientific stockholders will receive 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core Scientific common stock that they own based on a fixed exchange ratio. Since the proposed merger was announced, Core Scientific’s stock price has fallen over 25% from a close of $18.00 per share on July 3, 2025 (the last trading day before the merger was announced) to a close of $13.48 per share on July 22, 2025. “Given the sharp decline in Core Scientific’s stock price since the proposed merger was announced, we are investigating whether the Core Scientific Board of Directors acted in the best interests of Core Scientific shareholders in approving the merger,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the exchange ratio agreed upon is fair to Core Scientific shareholders, and whether all material information regarding the transaction has been fully disclosed.” About Wohl & Fruchter Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners. Contact:Wohl & Fruchter LLPJoshua E. Fruchter Toll Free 866.833.6245alerts@wohlfruchter.com www.wohlfruchter.com

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