Nebius issued a pre-funded warrant to NVIDIA for gross proceeds of about $2 billion

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

On Mar 11, 2026, Nebius Group entered into a securities purchase agreement with NVIDIA and issued it a pre-funded warrant in a private placement for aggregate gross proceeds of approximately $2 billion. The warrant covers 21,065,936 Class A ordinary shares at an exercise price of $0.0001 a share. A joint press release of Nebius and NVIDIA, datelined Santa Clara, California, and Amsterdam on Mar 11, 2026, announced a strategic partnership and said NVIDIA would support Nebius’s early adoption of the latest generation of NVIDIA’s accelerated computing platform, to enable Nebius to deploy more than 5 gigawatts of capacity by the end of 2030. The source is Nebius Group’s Form 6-K, a foreign company’s report to the SEC, filed on Mar 11, 2026.1^,2^,3^,4^,5^,6^,7^,8