Existing convertible notes exchanged for equity
Company: Nebius
The claim, verbatim
Exchanged $800 million of existing convertible notes for approximately 15.8 million Class A shares
Source (primary)
Why Nebius Group (NBIS) Is Down 10.7% After Massive Convertible Debt Raise To Fund AI Expansion - simplywall.st (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “exchanging US$800 million of existing convertible notes for roughly 15.8 million Class A shares”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The article says Nebius exchanged US$800 million of existing convertible notes for roughly 15.8 million Class A shares.
Confirmed in the source:
- Nebius exchanged US$800 million of existing convertible notes
- The exchange was for roughly 15.8 million Class A shares
What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-nbis/nebius-group/news/why-nebius-group-nbis-is-down-107-after-massive-convertible) in full (11,540 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why Nebius Group (NBIS) Is Down 10.7% After Massive Convertible Debt Raise To Fund AI Expansion - simplywall.st
Quote: “exchanging US$800 million of existing convertible notes for roughly 15.8 million Class A shares”