Data center construction and expansion funded by convertible notes offering
Company: Nebius
The claim, verbatim
Nebius intends to use proceeds from the convertible notes offering to finance expenditures related to construction and build-out of data centers, expansion of data center footprint, and procurement of key components including GPUs
Source (primary)
nebius 8-K exhibit (tm268409d4_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-12)Live source ↗
Quote: “the Company intends to use the net proceeds from the offering of the Notes to finance expenditures related to the construction and build-out of its data centers...the expansion of its data center footprint and the procurement of key components (including GPUs)”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document states proceeds will finance data center construction and build-out, footprint expansion, and procurement of key components including GPUs.
Confirmed in the source:
- Nebius intends to use net proceeds from the Notes offering to finance construction and build-out of its data centers
- Nebius intends to use net proceeds for expansion of its data center footprint
- Nebius intends to use net proceeds for procurement of key components including GPUs
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465926032735/tm268409d4_ex99-1.htm) in full (5,797 characters, retrieved September 12, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm268409d4_ex99-1.htm)
Quote: “the Company intends to use the net proceeds from the offering of the Notes to finance expenditures related to the construction and build-out of its data centers...the expansion of its data center footprint and the procurement of key components (including GPUs)”