🔴 Nebius Group is trading 11.8% down today after announcing proposed $4.5 billion private convertible-notes offering

Nebius Group is trading 11.8% down now at $216.52 after announcing a proposed $4.5 billion private offering of convertible senior notes on August 19, 2026.

• Notes mature in 2030 and 2034.
• Proceeds fund data-center expansion, AI-cloud infrastructure, GPUs, and other components.
• The offering likely intensified dilution and valuation concerns alongside the broader technology and AI-infrastructure selloff.