08:40 AM EST, 11/11/2025 (MT Newswires) -- Nebius Group ( NBIS ) said Tuesday that it is launching an at-the-market equity program for up to 25 million class A shares.

The company said it will regularly evaluate the program based on capital needs, and that it plans to file a prospectus supplement for the program Wednesday.

"The program enables the company to access equity funding on an efficient ongoing basis," Nebius ( NBIS ) said in its Q3 earnings report. "However, it will remain dilution-sensitive" as the company prepares to finance future growth opportunities.

Shares of Nebius Group ( NBIS ) were up more than 5% in recent premarket activity Tuesday.