09:18 AM EDT, 09/10/2025 (MT Newswires) -- Nebius ( NBIS ) said Wednesday it has commenced an underwritten public offering of $1 billion of its class A ordinary shares.

The company said it also plans to grant the underwriters a 30-day option to buy up to an extra $150 million of class A ordinary shares at the public offering price, minus underwriting discounts and commissions.

Shares were down 4.9% in recent premarket activity.