Nebius Says Overallotment Option Exercised for 1.6 Million Shares in Offering
MT Newswires Live
Sep 22
Nebius Group (NBIS) said Monday that underwriters have exercised the option to purchase an additional approximately 1.6 million shares in an underwritten public offering of class A shares.
The additional shares are priced at $92.50 per share, brining the expected gross proceeds from the offering to around $1.15 billion, Nebius said.
Along with the proceeds of Nebius' offering of convertible notes due 2030 and 2032 completed last week, the total for both offerings is about $4.3 billion, the company said.
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