Second closing consideration
Company: Nebius
What the later record shows
Delivered on time · happened July 12, 2024
The consideration table shows 94,853,603 Class A shares received at the second closing, within the 108 million limit, plus a cash component of $184.2 million. The passages do not confirm that the cash was paid in Chinese Yuan outside Russia.
“Class A shares Fair value of Class A shares received Cash part of consideration Total 1st closing 67,632,122 931.1 2,458.10 3,389.20 2nd closing 94,853,603 1,355.30 184.2 1,539.50”
2025-11-12 · nebius 8-K exhibit (tm2531034d1_ex99-2.htm) View cached copy (2026-09-26)Live source ↗
“the second closing occurred on July 12, 2024, at which the Company sold the remaining stake.”
2025-11-12 · nebius 8-K exhibit (tm2531034d1_ex99-2.htm) View cached copy (2026-09-26)Live source ↗
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
Consideration at the second closing will consist of up to 108 million Class A shares, with any balance paid in Chinese Yuan outside Russia.
Source (primary)
nebius 8-K exhibit (yndx-20240517xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗
Quote: “The consideration at the second closing will be paid in a combination of up to 108 million Class A shares of YNV, with the balance (if any) to be paid in Chinese Yuan outside Russia.”
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 (yndx-20240517xex99d1.htm)
Quote: “The consideration at the second closing will be paid in a combination of up to 108 million Class A shares of YNV, with the balance (if any) to be paid in Chinese Yuan outside Russia.”
confirms nebius 8-K exhibit (tm2531034d1_ex99-2.htm)
Quote: “Class A shares Fair value of Class A shares received Cash part of consideration Total 1st closing 67,632,122 931.1 2,458.10 3,389.20 2nd closing 94,853,603 1,355.30 184.2 1,539.50”