Intended use of proceeds from convertible notes offering
Company: Nebius
The claim, verbatim
Nebius intends to use net proceeds from the convertible notes offering to finance continuing business growth, including data center construction and build-out, investments in full-stack AI cloud development, expansion of its data center footprint, and procurement of GPUs and key components
Source (primary)
nebius 8-K exhibit (tm268409d2_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-13)Live source ↗
Quote: “The Company intends to use the net proceeds from the offering of the Notes to finance the continuing growth of its business, including expenditures related to the construction and build-out of its data centers, investments to develop its full-stack AI cloud, the expansion of its data center footprint and the procurement of key components (including GPUs), and for general corporate purposes”
How we checked this
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Additional evidence
confirms nebius 8-K exhibit (tm268409d2_ex99-1.htm)
Quote: “The Company intends to use the net proceeds from the offering of the Notes to finance the continuing growth of its business, including expenditures related to the construction and build-out of its data centers, investments to develop its full-stack AI cloud, the expansion of its data center footprint and the procurement of key components (including GPUs), and for general corporate purposes”