Nebius Group (NBIS) has released an update.
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Nebius Group N.V. is progressing with the distribution of Class A shares to former noteholders of its 0.75% Convertible Notes due 2025, with about 745,000 shares currently being credited. Former noteholders are encouraged to submit their Permitted Issuance Instructions by October 15, 2024, to facilitate the transfer of shares. The company has designated Georgeson LLC as the information agent to assist with the process.
For further insights into NBIS stock, check out TipRanks’ Stock Analysis page.