Transition services cost cap and end date
Company: Nebius
What the later record shows
Outcome not yet confirmed
No passage mentions the transition services agreement, its $500,000 expense cap, or its termination in May 2024.
Checked November 5, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Expenses payable by the Company and retained businesses under the transition services agreement with the Target will not exceed $500,000, and the arrangements will terminate in May 2024.
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: “The total expenses payable by the Company and the retained businesses will not exceed $500,000. Such arrangements will terminate in May 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 (tmb-20240523xex99d1.htm)
Quote: “The total expenses payable by the Company and the retained businesses will not exceed $500,000. Such arrangements will terminate in May 2024.”