FILE PHOTO: NVIDIA logo is seen in this illustration taken February 16, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) - Nvidia-backed cloud computing firm CoreWeave said on Thursday it had priced its initial public offering at $40 per share, compared with the earlier range of $47 to $55 per share.
The IPO size was also reduced to about 37.5 million shares, compared with the 49 million shares that CoreWeave and some existing investors had planned to sell earlier.
