Use of proceeds: compute, land, data centers
Company: Nebius
The claim, verbatim
Nebius intends to use the net proceeds to acquire additional compute power and hardware, secure land plots, expand its data center footprint, and for general corporate purposes.
Source (primary)
nebius 8-K exhibit (tm2525503d8_ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-03)Live source ↗
Quote: “including the acquisition of additional compute power and hardware, securing strategic high-quality and well-located land plots with reliable providers, the expansion of its data center footprint”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms nebius 8-K exhibit (tm2525503d8_ex99-2.htm)
Quote: “including the acquisition of additional compute power and hardware, securing strategic high-quality and well-located land plots with reliable providers, the expansion of its data center footprint”