Acquisition of additional compute power
Company: Nebius
The claim, verbatim
Company intends to use net proceeds from the convertible notes issuance for acquisition of additional compute power.
Source (primary)
Nebius 6-K filed 2025-06-05 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company intends to use the net proceeds of the issuance of the Notes to support finance the continuing growth of its business, including the acquisition of additional compute power, the expansion of its data center footprint, and for general corporate purposes.”
How we checked this
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Additional evidence
confirms Nebius 6-K filed 2025-06-05
Quote: “The Company intends to use the net proceeds of the issuance of the Notes to support finance the continuing growth of its business, including the acquisition of additional compute power, the expansion of its data center footprint, and for general corporate purposes.”