Capital raise in September 2025
Company: Nebius
The claim, verbatim
Raised $4.3 billion in convertible notes and follow-on equity offering in September 2025 to accelerate investments in infrastructure, power, land, and GPUs
Source (primary)
nebius 8-K exhibit (tm2530882d1_ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-26)Live source ↗
Quote: “we raised a total of $4.3 billion in convertible notes and a follow-on equity offering in September to accelerate our investments in infrastructure, power, land, and GPUs”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The shareholder letter states Nebius raised $4.3 billion in convertible notes and a follow-on equity offering in September to accelerate investments in infrastructure, power, land, and GPUs. The summary page dates this to September 2025.
Confirmed in the source:
- Nebius raised a total of $4.3 billion
- The raise combined convertible notes and a follow-on equity offering
- The raise took place in September 2025
- The funds were raised to accelerate investments in infrastructure, power, land, and GPUs
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465925109806/tm2530882d1_ex99-2.htm) in full (39,078 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2530882d1_ex99-2.htm)
Quote: “we raised a total of $4.3 billion in convertible notes and a follow-on equity offering in September to accelerate our investments in infrastructure, power, land, and GPUs”