Convertible notes share delivery: instruction acceptance deadline
Company: Nebius
What the later record shows
Delivered; the record does not say when
Nebius's equity statement shows Class A shares (343,562) transferred to noteholders in the nine months ended September 30, 2024, and the 20-F says more than 99% of the notes were repurchased with Class A settlement shares as part of the consideration. No passage confirms that instructions were accepted through the October 15, 2024 deadline or says when the final deliveries were made.
“The Group has to date repurchased more than 99 % in aggregate principal amount of the Notes originally issued (Note 12).”
2025-04-29 · Nebius 20-F filed 2025-04-30 View cached copy (2026-08-31)Live source ↗
“plus the delivery of a fixed number of Class A shares per Note (the “Settlement Shares”).”
2025-04-29 · Nebius 20-F filed 2025-04-30 View cached copy (2026-08-31)Live source ↗
“Transfer of shares to noteholders — — 343,562.0 — 4.9 (4.9 ) — — — — —”
2025-11-12 · nebius 8-K exhibit (tm2531034d1_ex99-2.htm) View cached copy (2026-09-26)Live source ↗
Checked October 29, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Nebius will continue to accept valid Permitted Issuance Instructions from former noteholders through October 15, 2024, and intends to deliver the relevant Class A shares as required by the 2022–2023 Purchase Agreements.
Source (primary)
nebius 8-K exhibit (tm2423432d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-29)Live source ↗
Quote: “Nebius will continue to accept valid and duly executed Permitted Issuance Instructions from Former Noteholders through October 15, 2024.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms nebius 8-K exhibit (tm2423432d1_ex99-1.htm)
Quote: “Nebius will continue to accept valid and duly executed Permitted Issuance Instructions from Former Noteholders through October 15, 2024.”
confirms Nebius 20-F filed 2025-04-30
Quote: “The Group has to date repurchased more than 99 % in aggregate principal amount of the Notes originally issued (Note 12).”
confirms nebius 8-K exhibit (tm2531034d1_ex99-2.htm)
Quote: “Transfer of shares to noteholders — — 343,562.0 — 4.9 (4.9 ) — — — — —”