Proposed Class A share offering
Company: Nebius
The claim, verbatim
Nebius proposes to deliver from treasury or issue and sell up to 25,000,000 Class A Ordinary Shares through designated managers from time to time during the term of the equity distribution agreement
Source (primary)
nebius 8-K exhibit (tm2530882d3_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-26)Live source ↗
Quote: “The Company proposes to deliver from treasury or to issue and sell through or to the Managers, as sales agent and/or principal, up to 25,000,000 of the Company's Class A Ordinary Shares, €0.01 par value”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The agreement states that Nebius proposes to deliver from treasury or issue and sell up to 25,000,000 Class A shares through or to the managers, from time to time during the agreement's term. For agency sales, it specifies that shares are sold through a Designated Manager.
Confirmed in the source:
- Nebius proposes to deliver from treasury or to issue and sell up to 25,000,000 Class A Ordinary Shares
- The shares are to be sold through or to the managers named in the equity distribution agreement, acting as sales agent (a 'Designated Manager') or as principal
- Sales may occur from time to time during the term of the equity distribution agreement
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465925110028/tm2530882d3_ex99-1.htm) in full (153,780 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2530882d3_ex99-1.htm)
Quote: “The Company proposes to deliver from treasury or to issue and sell through or to the Managers, as sales agent and/or principal, up to 25,000,000 of the Company's Class A Ordinary Shares, €0.01 par value”