{"id":41202,"date":"2025-08-08T14:46:41","date_gmt":"2025-08-08T14:46:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41202"},"modified":"2025-08-08T14:46:41","modified_gmt":"2025-08-08T14:46:41","slug":"two-seas-capital-opposes-core-scientific-coreweave-merger-calls-deal-undervalued-risky-for-shareholders","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41202","title":{"rendered":"Two Seas Capital Opposes Core Scientific\u2013CoreWeave Merger, Calls Deal Undervalued, Risky For Shareholders"},"content":{"rendered":"<div>\n<p><strong>Two Seas Capital<\/strong>, the largest active shareholder of <strong>Core Scientific<\/strong> <strong>Inc<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/CORZ#NASDAQ\">CORZ<\/a>), on Friday announced it will vote against the proposed all-stock acquisition by <strong>CoreWeave <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/CRWV#NASDAQ\">CRWV<\/a>), citing a significantly undervalued offer and structural flaws that expose <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44421719\/bitcoin-miners-core-scientific-riot-platforms-cleanspark-iris-energy-see-price-targets-slashed-bernstein\">shareholders to undue risk.<\/a><\/p>\n<p>In an open letter <a href=\"https:\/\/www.prnewswire.com\/news-releases\/two-seas-capital-core-scientifics-largest-active-shareholder-announces-intention-to-vote-against-the-proposed-sale-to-coreweave-302524612.html#financial-modal\">released <\/a>on Thursday, the New York-based investment firm disclosed it holds more than 19.1 million shares, approximately 6.3% of Core Scientific&#8217;s outstanding stock and criticized the terms of the July 7 deal, particularly the uncollared, all-stock structure, which leaves Core Scientific shareholders vulnerable to CoreWeave&#8217;s share price volatility.<\/p>\n<p>The &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/m-a\/25\/08\/47000896\/two-seas-capital-opposes-core-scientific-coreweave-merger-calls-deal-undervalued-risky-for-shareholders\" alt=\"Two\" seas capital opposes core scientific merger calls deal undervalued risky for shareholders>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Two Seas Capital, the largest active shareholder of Core Scientific Inc (NASDAQ:CORZ), on Friday announced it will vote against the proposed all-stock acquisition by CoreWeave (NASDAQ:CRWV), citing a significantly undervalued offer and structural flaws that expose shareholders to undue risk. In an open letter released on Thursday, the New York-based investment firm disclosed it holds [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41202","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41202"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41202\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}