Subject to customary closing conditions, NVIDIA will subscribe for new Nokia shares at a price of USD 6.01 (EUR 5.16) per share. This equates to an effective capital contribution to Nokia of approximately USD 1.0 billion (EUR 0.86 billion).
All amounts denominated in USD have been converted into EUR using the USD/EUR exchange reference rate published by the European Central Bank on 27 October 2025, which was 0.8591 (USD 1 = EUR 0.8591). The subscription price will be recorded in Nokia’s reserve for invested unrestricted equity.
This directed share issuance is a key component of the strategic partnership between Nokia and NVIDIA. The subscription price was determined through negotiations between the two companies. In addition to evaluating the strategic partnership, Nokia sought independent legal and financial advice to assess the fairness of the share issuance terms.
The Nokia shares will be delivered to NVIDIA in the form of American Depositary Shares (ADS). Nokia expects that the new shares will be registered with the Finnish Trade Register in November 2025 and will be entered into the book-entry system maintained by Euroclear Finland shortly thereafter.
Following the share issuance and registration of the new shares, the total number of Nokia shares is expected to be 5,742,239,696. The newly issued shares represent approximately 2.98% of the total number of Nokia shares prior to the share issuance, and approximately 2.90% afterwards.
Once registered, the new shares are expected to be admitted for trading on Nasdaq Helsinki and Euronext Paris alongside existing Nokia shares, as well as on the New York Stock Exchange in the form of American Depositary Shares.
The authorization to issue these shares was granted to Nokia’s Board of Directors by the Annual General Meeting on 29 April 2025.
https://www.shacknews.com/article/146545/nvidia-nokia-stake-ai-stock
Be First to Comment