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OFAC share-issuance prohibition no longer applicable

Company: Nebius

Subject kind
regulatory
Statement date
2024-08-06
Current status
stated

The claim, verbatim

YNV has concluded that, because the divestment of its Russian operations is complete, the OFAC prohibition on share issuance by issuers whose operations are predominantly in Russia no longer applies to the Consideration Shares.

Source (primary)

nebius 8-K exhibit (tmb-20240807xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “YNV has now concluded that, following the completion of the divestment of its operations in Russia, this prohibition is no longer applicable in relation to the Consideration Shares.”

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 (tmb-20240807xex99d1.htm)

Quote: “YNV has now concluded that, following the completion of the divestment of its operations in Russia, this prohibition is no longer applicable in relation to the Consideration Shares.”

View cached copy (2026-10-31)Live source ↗