Johnson Fistel Investigates Fairness of Proposed Sale of Core Scientific

San Diego, California--(Newsfile Corp. - July 21, 2025) - Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Core Scientific, Inc. (NASDAQ: CORZ) breached their fiduciary duties in connection with the proposed sale of the Company to CoreWeave, Inc. (NASDAQ: CRWV).

Background:

• On July 7, 2025, Core Scientific and CoreWeave announced a definitive merger agreement under which CoreWeave will acquire every outstanding share of Core Scientific.
• The merger deal fixes an exchange ratio of just 0.1235 CoreWeave Class A shares for each share of Core Scientific common stock—an exchange ratio that now looks even more unfair.
• Since the deal was announced, CoreWeave's share price has plunged by roughly 30% compared with late June levels, slashing the already meager consideration promised to Core Scientific shareholders.
• Meanwhile, Core Scientific's own near‐term earnings and revenue projections remain robust, and at least one equity analyst still values the company at $23.00 per share—far above the effective price being paid in this proposed buyout.

What this means for Core Scientific shareholders:

• The fixed exchange ratio now results in a significantly reduced effective buyout price due to the decline in CoreWeave's share price.
• Based on current valuations, shareholders may receive consideration well below Core Scientific's projected standalone value—potentially missing out on substantial upside.

If you own Core Scientific shares and believe this proposed deal grossly undervalues your investment, please consider joining our investigation. To participate or learn more you can click or copy and paste the following link to join this investigation: https://www.johnsonfistel.com/investigations/core-scientific-inc-3

If you are a shareholder of Core Scientific and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.

About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investors Rights:
Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, PLLP can help you recover your losses. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.

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