Use of net sale proceeds
Company: Nebius
The claim, verbatim
YNV intends to retain part of the net cash consideration to finance its retained international businesses and ultimately to return a significant proportion of the net proceeds to remaining shareholders, likely through a share repurchase offer.
Source (primary)
nebius 8-K exhibit (tmb-20240523xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗
Quote: “YNV intends to retain a portion of the net cash consideration from the Disposition (after adjustments, applicable taxes and other expenses) to finance the development of the retained international businesses, and ultimately to return a significant proportion of such net proceeds to its remaining shareholders, likely through a share repurchase offer.”
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-20240523xex99d1.htm)
Quote: “YNV intends to retain a portion of the net cash consideration from the Disposition (after adjustments, applicable taxes and other expenses) to finance the development of the retained international businesses, and ultimately to return a significant proportion of such net proceeds to its remaining shareholders, likely through a share repurchase offer.”