Nebius Group Announces $1 Billion Public Offering

Nebius Group N.V., a prominent AI infrastructure company, has announced the pricing of its public offering of Class A ordinary shares, totaling $1 billion. The shares are priced at $92.50 each, and underwriters have a 30-day option to purchase up to an additional $150 million in shares. The offering is set to close on September 15, 2025, contingent upon customary closing conditions.

Goldman Sachs leads the underwriting, with Morgan Stanley, BofA Securities, and Citigroup also participating. Alongside this, Nebius announced a $2,750 million offering of convertible senior notes, split between two series. This marks an increase from the initial $2,000 million announcement.

The proceeds are aimed at scaling Nebius' operations, focusing on acquiring compute power, hardware, and expanding its data center footprint. The company is based in Amsterdam and is listed on NASDAQ under the ticker NBIS.