NScale Says On September 15, 2026 Secured at Least $3.1B In Financing, Including $1B NVIDIA Investment, Ahead Of IPO

On September 15, 2026, NScale secured at least $3.1 billion in financing, which includes $1 billion from NVIDIA as part of a Subscription Agreement. The financing consists of $2.1 billion in unsecured convertible loan notes and an additional $1 billion in unsecured convertible loan notes or Non-Voting Shares for NVIDIA. The NVIDIA Sale is expected to close around November 16, 2026, and the convertible loan notes will convert into ordinary shares upon the completion of the offering.