Calavo Growers, Inc. (CVGW) announced it received an unsolicited, non-binding indicative acquisition proposal valued at $32 per share, consisting of a combination of stock and cash. This offer came after the market closed on June 11, 2025, when CVGW shares had closed at $23.58. Following the announcement, shares were halted and later rose by 12.4% in pre-market trading, reaching session highs. The acquisition proposal triggered unusually high call option activity, with 900 July 22.5 strike calls traded. The deal marks a notable development for Calavo Growers, whose CEO had made timely insider purchases ahead of the buyout. Separately, CoreWeave (CRWV) filed a Schedule 13G amendment disclosing it no longer holds any beneficial ownership in Applied Digital (APLD) as of June 10, 2025. Despite this, CoreWeave shares have seen renewed buying interest, including large block purchases of August $165 call options.
Coreweave $CRWV green now and sees buyers of 1400 August $165 calls at $11.65 to $12.10 in large blocks..
$CRWV sells out of holding of $APLD
CoreWeave $CRWV Files a Schedule 13G Amendment Reporting That It No Longer Holds any Beneficial Ownership in Applied Digital $APLD as of June 10, 2025. Source: https://t.co/QqCROHXBnK