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Posted by
Two Blokes Jun 4 -
Filed in
Stock
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2 views
I bought the (short-lived) dip on June 2. In my view, the terms of the $1B private placement are highly favorable for the company. The $1B convertible notes are trading at a 40% premium. This is unusual, as most companies offer a discount on their convertible notes to incentivize the purchase of these securities. Institutional interest remains robust, with more funds holding Nebius than in Q4 and a significant increase in calls owned by institutions. That said, 13F shares declined by 20%.
