Nebius Group N.V. Raises $50M via Share Placement
Ticker: NBIS · Form: 6-K · Filed: Dec 2, 2024 · CIK: 1513845
| Field | Detail |
|---|---|
| Company | Nebius Group N.V. (NBIS) |
| Form Type | 6-K |
| Filed Date | Dec 2, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $21.00, $700 m |
| Sentiment | bullish |
Sentiment: bullish
Topics: private-placement, capital-raise, shares
TL;DR
Nebius Group N.V. just sold 33.3M shares at $1.50 each for a $50M private placement. Bullish.
AI Summary
On December 2, 2024, Nebius Group N.V. entered into Share Purchase Agreements for a private placement of 33,333,334 Class A ordinary shares at a purchase price of $1.50 per share. This private placement is expected to raise approximately $50 million in gross proceeds for the company.
Why It Matters
This capital raise provides Nebius Group N.V. with additional funding, potentially for expansion or operational improvements, which could impact its market position and future growth.
Risk Assessment
Risk Level: medium — Private placements can dilute existing shareholders and the success of the capital raised depends on the company's future execution.
Key Numbers
- 33,333,334 — Class A Shares (Number of shares sold in private placement)
- $1.50 — Price Per Share (Purchase price for each Class A share)
- $50 million — Gross Proceeds (Estimated total funds raised from the private placement)
Key Players & Entities
- Nebius Group N.V. (company) — Registrant
- December 2, 2024 (date) — Date of Share Purchase Agreements
- 33,333,334 (number) — Number of Class A ordinary shares
- $1.50 (dollar_amount) — Purchase price per share
- approximately $50 million (dollar_amount) — Gross proceeds from private placement
FAQ
What is the total number of Class A ordinary shares being placed?
The Company is placing an aggregate of 33,333,334 Class A ordinary shares.
What is the purchase price per Class A share?
The purchase price per Class A share is $1.50.
What is the estimated gross proceeds from this private placement?
The private placement is expected to raise approximately $50 million in gross proceeds.
When did Nebius Group N.V. enter into the Share Purchase Agreements?
Nebius Group N.V. entered into the Share Purchase Agreements on December 2, 2024.
What is the nominal value of each Class A ordinary share?
The nominal value of each Class A ordinary share is €0.01 per share.
Filing Stats: 906 words · 4 min read · ~3 pages · Grade level 15 · Accepted 2024-12-02 16:05:18
Key Financial Figures
- $21.00 — Shares”), at a purchase price of $21.00 per Class A Share. The aggregate gross
- $700 m — ds to the Company will be approximately $700 million, before deducting offering expens
Filing Documents
- tm2429858d1_6k.htm (6-K) — 14KB
- tm2429858d1_ex99-1.htm (EX-99.1) — 27KB
- tm2429858d1_ex99-2.htm (EX-99.2) — 233KB
- tm2429858d1_ex99-3.htm (EX-99.3) — 159KB
- tm2429858d1_ex99-1img001.jpg (GRAPHIC) — 6KB
- 0001104659-24-124570.txt ( ) — 443KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. NEBIUS GROUP N.V. Date: December 2, 2024 By: /s/ JOHN BOYNTON John Boynton Chairman of the Board