Use of proceeds
Company: Nebius
The claim, verbatim
Net proceeds intended to fund growth, including acquiring additional compute power, expanding data center footprint, and general corporate purposes.
Source (primary)
nebius 8-K exhibit (tm2516825d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-13)Live source ↗
Quote: “intends to use the net proceeds of the issuance of the Notes to finance the continuing growth of its business, including the acquisition of additional compute power, the expansion of its data center footprint”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The press release lists each of these intended uses of the net proceeds.
Confirmed in the source:
- Nebius intends to use net proceeds to finance the continuing growth of its business
- Intended uses include acquiring additional compute power
- Intended uses include expanding its data center footprint
- Intended uses include general corporate purposes
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465925055197/tm2516825d1_ex99-1.htm) in full (14,061 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2516825d1_ex99-1.htm)
Quote: “intends to use the net proceeds of the issuance of the Notes to finance the continuing growth of its business, including the acquisition of additional compute power, the expansion of its data center footprint”