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
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing lists the acquisition of additional compute power as an intended use of the net proceeds from the notes.
Confirmed in the source:
- The Company intends to use net proceeds from the convertible notes issuance for the acquisition of additional compute power
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1513845/000110465925056817/tm2517269d1_6k.htm) in full (7,803 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
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.”