At-the-market equity offering
Company: Nebius
The claim, verbatim
Entered into equity distribution agreement with Goldman Sachs, Morgan Stanley, BofA Securities, and Citigroup to offer and sell up to 25 million Class A ordinary shares through various methods on Nasdaq or other markets
Source (primary)
Nebius 424B5 filed 2025-11-12 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We have entered into an equity distribution agreement (the "Sales Agreement") with Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, BofA Securities, Inc. and Citigroup Global Markets Inc. (collectively, the "Sales Agents") relating to the offer and sale from time to time pursuant to this prospectus supplement of up to 25,000,000 Class A ordinary shares”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The prospectus supplement states the agreement, the four named sales agents, the 25,000,000-share cap, and the range of sale methods including Nasdaq and other markets.
Confirmed in the source:
- Nebius entered into an equity distribution agreement (the 'Sales Agreement') with Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, BofA Securities, Inc. and Citigroup Global Markets Inc.
- The agreement covers the offer and sale from time to time of up to 25,000,000 Class A ordinary shares
- Sales may be made as 'at the market offerings' including through ordinary brokers' transactions on Nasdaq, another market for the Class A shares, to or through a market maker off-exchange, in negotiated transactions including block trades, or any other method permitted by law
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1513845/000110465925110025/tm2530771-1_424b5.htm) in full (236,056 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius 424B5 filed 2025-11-12
Quote: “We have entered into an equity distribution agreement (the "Sales Agreement") with Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, BofA Securities, Inc. and Citigroup Global Markets Inc. (collectively, the "Sales Agents") relating to the offer and sale from time to time pursuant to this prospectus supplement of up to 25,000,000 Class A ordinary shares”