NTNX · Nutanix, Inc.

Nutanix, Inc. completed a private placement of 4,136,789 shares of Class A common stock to Advanced Micro Devices, Inc. (AMD) at $36.26 per share, generating approximately $150 million in cash proceeds. The transaction was executed under a Stock Purchase Agreement dated February 23, 2026, and closed on May 4, 2026. The offering was conducted in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, for transactions not involving a public offering. This capital infusion strengthens Nutanix's balance sheet and aligns with AMD's strategic investments in the data center and hybrid cloud ecosystem. The specific use of proceeds was not disclosed in the filing, but such investments typically support working capital, R&D, or strategic initiatives. The transaction may signal a deepening partnership between the two companies, potentially leading to joint product development or go-to-market synergies. Investors should monitor for further disclosures regarding the use of funds and any strategic collaborations.