Retain part of Sale cash to fund retained businesses
Company: Nebius
The claim, verbatim
To fund the four retained businesses (Nebius AI, Toloka AI, Avride, TripleTen), the company expects to retain a portion of the cash consideration from the Sale. The amount is to be determined by the Board.
Source (primary)
nebius 8-K exhibit (yndx-20240331xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “we expect to retain a portion of the cash consideration received pursuant to the Sale transaction, the amount of which is to be determined by the Board”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The release names the four businesses and says a Board-determined portion of the Sale cash is expected to be retained to support them.
Confirmed in the source:
- The four retained businesses are Nebius AI, Toloka AI, Avride and TripleTen
- To support these businesses, the company expects to retain a portion of the cash consideration from the Sale
- The amount to be retained is to be determined by the Board
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000151384524000012/yndx-20240331xex99d1.htm) in full (27,715 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (yndx-20240331xex99d1.htm)
Quote: “we expect to retain a portion of the cash consideration received pursuant to the Sale transaction, the amount of which is to be determined by the Board”