Nebius Group Expands with Additional Class A Shares Offering

Nebius Group, a prominent AI infrastructure firm based in Amsterdam, has announced the full exercise of underwriters' option to purchase additional Class A shares. The purchase of 1,621,621 shares at $92.50 each elevates the company's gross proceeds from the offering to approximately $1.15 billion. This follows a prior closure on September 15, adding to a total of around $4.3 billion when combined with convertible notes offerings due in 2030 and 2032.

The offering was managed by lead underwriter Goldman Sachs & Co. LLC, alongside Morgan Stanley, BofA Securities, and Citigroup. Nebius's shares are listed on NASDAQ, and the offering was conducted under an automatically effective shelf registration statement filed with the SEC. The prospectus supplement and accompanying documents are accessible via the SEC's website.