At-the-market equity offering program
Company: Nebius
What the later record shows
Delivered on time · happened November 12, 2025
A 424B5 prospectus supplement filed on 2025-11-12 describes an offering through Sales Agents acting as agents on the company's behalf, which matches the planned ATM program filing. The passages do not restate the 25 million share size.
“As adjusted net tangible book value per Class A share after an assumed offering through the Sales Agents, as agents on our behalf”
2025-11-11 · Nebius 424B5 filed 2025-11-12 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
At-the-market equity program for up to 25 million Class A shares with prospectus supplement filing planned for November 12, 2025
Source (primary)
nebius 8-K exhibit (tm2530882d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-26)Live source ↗
Quote: “The Company will be putting in place an at-the-market (ATM) equity program for up to 25 million Class A shares, and it plans to file a prospectus supplement for this program on November 12, 2025.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
Nebius's Q3 2025 earnings release states it will put in place an ATM equity program for up to 25 million Class A shares and plans to file the prospectus supplement on November 12, 2025.
Confirmed in the source:
- Nebius will put in place an at-the-market (ATM) equity program
- The ATM program covers up to 25 million Class A shares
- Nebius planned to file a prospectus supplement for the program on November 12, 2025
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465925109806/tm2530882d1_ex99-1.htm) in full (25,410 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2530882d1_ex99-1.htm)
Quote: “The Company will be putting in place an at-the-market (ATM) equity program for up to 25 million Class A shares, and it plans to file a prospectus supplement for this program on November 12, 2025.”
confirms nebius 8-K exhibit (tm2530882d1_ex99-2.htm)
Quote: “we will be putting in place an at-the-market (ATM) equity program for up to 25 million Class A shares, and plan to file a prospectus supplement on November 12, 2025”
confirms Nebius 424B5 filed 2025-11-12
Quote: “As adjusted net tangible book value per Class A share after an assumed offering through the Sales Agents, as agents on our behalf”