SCHEDULE 13G/A: CoreWeave, Inc. Reports Zero Beneficial Ownership in Applied Digital Corporation
Ownership Disclosure Amendment
CoreWeave, Inc. has filed an amended Schedule 13G, indicating it no longer holds any beneficial ownership in Applied Digital Corporation as of June 10, 2025.
Summary
- CoreWeave, Inc. filed an Amendment No. 1 to its Schedule 13G regarding its holdings in Applied Digital Corporation.
- As of the event date, June 10, 2025, CoreWeave, Inc. beneficially owns 0 shares of Applied Digital Corporation's Common Stock.
- This represents 0.0% of the Issuer's Common Stock outstanding.
- The percentage is calculated based on 224,717,713 shares of Applied Digital Corporation's Common Stock outstanding as of April 11, 2025, as reported by the Issuer in its Form 10-Q filed on April 14, 2025.
- CoreWeave, Inc. certified that the securities were not acquired or held for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The filing is a neutral, factual regulatory update (Schedule 13G Amendment No. 1) indicating CoreWeave, Inc. holds 0% beneficial ownership in Applied Digital Corporation. It does not inherently convey positive or negative sentiment for the issuer without context of prior holdings.
Future Outlook
NA
Management Comments
- CoreWeave, Inc. certified that, to the best of their knowledge and belief, the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, nor in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.
Industry Context
NA
Stakeholder Impact
- Shareholders: May note the absence of CoreWeave, Inc. as a beneficial owner, which could be interpreted depending on CoreWeave's prior involvement or reputation with the company.
Key Dates
| Date | Description |
|---|---|
| 2025-04-11 | Date as of which 224,717,713 shares of Applied Digital Corporation's Common Stock were outstanding, as reported in their Form 10-Q. |
| 2025-04-14 | Date Applied Digital Corporation filed its Quarterly Report on Form 10-Q for the period ended February 28, 2025, with the SEC. |
| 2025-06-10 | Date of event which required the filing of this Schedule 13G Amendment No. 1 (Event Date). |
| 2025-06-12 | Date the Schedule 13G Amendment No. 1 was signed by CoreWeave, Inc. |
Keywords
Applied Digital Corporation, CoreWeave Inc., Schedule 13G, beneficial ownership, common stock, SEC filing, institutional ownership, shareholding
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