Net proceeds from convertible notes offering
Company: Nebius
What the later record shows
Delivered on time · happened August 24, 2026
The offering closed on August 24 and the initial purchasers fully exercised their option, which is the scenario tied to the ~$5.68 billion estimate. No passage states the actual net proceeds figure.
“The initial purchasers exercised in full their options to purchase an additional $450 million aggregate original principal amount of 2030 Notes and $300 million aggregate original principal amount of 2034 Notes.”
2026-08-23 · nebius 8-K exhibit (tm2623863d1_ex99-1.htm) View cached copy (2026-08-30)Live source ↗
“Nebius Group announces closing of private offering of convertible senior notes, with aggregate gross proceeds of approximately $5.75 billion Amsterdam, August 24, 2026”
2026-08-23 · nebius 8-K exhibit (tm2623863d1_ex99-1.htm) View cached copy (2026-08-30)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
Company estimates net proceeds of approximately $4.94 billion from offering, or approximately $5.68 billion if initial purchasers fully exercise greenshoe option, after underwriting fees and expenses
Source (primary)
nebius 8-K exhibit (tm2623617d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company estimates that the net proceeds from the offering of the Notes will be approximately $4.94 billion (or approximately $5.68 billion if the initial purchasers fully exercise their option to purchase additional Notes), after deducting the initial purchasers' discounts and commissions and estimated offering expenses.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The press release states both net proceeds figures, the condition for the higher figure, and that they are net of initial purchasers' discounts, commissions and offering expenses. The claim's 'greenshoe' and 'underwriting fees' are fair paraphrases of the option to purchase additional notes and the initial purchasers' discounts and commissions.
Confirmed in the source:
- The company estimates net proceeds from the convertible notes offering of approximately $4.94 billion
- Net proceeds would be approximately $5.68 billion if the initial purchasers fully exercise their option to purchase additional notes
- The estimates are after deducting the initial purchasers' discounts and commissions and estimated offering expenses
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465926098924/tm2623617d1_ex99-1.htm) in full (14,804 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2623617d1_ex99-1.htm)
Quote: “The Company estimates that the net proceeds from the offering of the Notes will be approximately $4.94 billion (or approximately $5.68 billion if the initial purchasers fully exercise their option to purchase additional Notes), after deducting the initial purchasers' discounts and commissions and estimated offering expenses.”
confirms nebius 8-K exhibit (tm2623863d1_ex99-1.htm)
Quote: “The initial purchasers exercised in full their options to purchase an additional $450 million aggregate original principal amount of 2030 Notes and $300 million aggregate original principal amount of 2034 Notes.”