Board authorized to exclude pre-emptive rights for five years
Company: Nebius
The claim, verbatim
Shareholders designated the Board as the competent body to exclude existing shareholders' pre-emptive rights on Class A share issuances for five years from the AGM date.
Source (primary)
nebius 8-K exhibit (tm2524116d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-05)Live source ↗
Quote: “Designation of the Board of Directors as the competent body to exclude pre-emptive rights of the existing shareholders in respect of the issue of Class A Shares for a period of five years from the AGM Date”
How we checked this
Checked on October 6, 2026. The cited source supports every part of this claim.
Item 16 describes exactly this pre-emptive rights authority, and the release states all resolutions were adopted.
Confirmed in the source:
- Shareholders adopted a resolution designating the Board as the competent body to exclude existing shareholders' pre-emptive rights
- The authority applies to issuances of Class A shares
- The authority runs for five years from the AGM date
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465925081649/tm2524116d1_ex99-1.htm) in full (4,902 characters, retrieved October 5, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2524116d1_ex99-1.htm)
Quote: “Designation of the Board of Directors as the competent body to exclude pre-emptive rights of the existing shareholders in respect of the issue of Class A Shares for a period of five years from the AGM Date”