Initial conversion price
Company: Nebius
The claim, verbatim
Notes have an initial conversion rate of 19.4363 Class A shares per $1,000, an initial conversion price of about $51.45 per share (approx. 40% premium).
Source (primary)
nebius 8-K exhibit (tm2516825d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-13)Live source ↗
Quote: “equivalent to an initial conversion price of approximately $51.45 per Class A ordinary share”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The press release states the conversion rate, conversion price and the approximately 40% premium over the May 30, 2025 closing price.
Confirmed in the source:
- The notes have an initial conversion rate of 19.4363 Class A ordinary shares per $1,000 original principal amount
- The initial conversion price is approximately $51.45 per Class A share
- The initial conversion premium is approximately 40%
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465925055197/tm2516825d1_ex99-1.htm) in full (14,061 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2516825d1_ex99-1.htm)
Quote: “equivalent to an initial conversion price of approximately $51.45 per Class A ordinary share”