First closing of divestment expected by extended long stop date
Company: Nebius
What the later record shows
Delivered late · happened May 17, 2024
The first closing was expected by the extended long stop date of April 30, 2024. Later filings state it occurred on May 17, 2024, which is after that date.
“The divestment was implemented in two closings. The first closing occurred on May 17, 2024, in which the Company sold a controlling stake in the divested businesses of 68%.”
2025-09-09 · nebius 8-K exhibit (tm2525580d2_ex99-2.htm) View cached copy (2026-10-04)Live source ↗
“The first closing occurred on May 17, 2024, in which the Company sold a controlling stake in the Divested Businesses of 68 % to the purchaser”
2026-04-29 · Nebius 20-F filed 2026-04-30 View cached copy (2026-08-31)Live source ↗
Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The sale will be implemented in two closings; the company expects the remaining conditions to the first closing to be satisfied in the coming weeks, and the long stop date under the Share Purchase Agreement has been extended from April 2, 2024 to April 30, 2024.
Source (primary)
nebius 8-K exhibit (yndx-20240328xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “We anticipate satisfaction of the remaining conditions to the first closing in the coming weeks. To provide time to satisfy the remaining conditions to the first closing, the parties have mutually agreed to extend the long stop date under the Share Purchase Agreement between YNV and the Purchaser from April 2, 2024 to April 30, 2024.”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The release states the two-closing structure, the expected timing for first-closing conditions, and the mutually agreed long stop date extension to April 30, 2024.
Confirmed in the source:
- The sale will be implemented in two closings
- The company anticipates satisfaction of the remaining conditions to the first closing in the coming weeks
- The long stop date under the Share Purchase Agreement was extended from April 2, 2024 to April 30, 2024
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000151384524000010/yndx-20240328xex99d1.htm) in full (3,803 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (yndx-20240328xex99d1.htm)
Quote: “We anticipate satisfaction of the remaining conditions to the first closing in the coming weeks. To provide time to satisfy the remaining conditions to the first closing, the parties have mutually agreed to extend the long stop date under the Share Purchase Agreement between YNV and the Purchaser from April 2, 2024 to April 30, 2024.”
confirms Nebius 20-F filed 2026-04-30
Quote: “The first closing occurred on May 17, 2024, in which the Company sold a controlling stake in the Divested Businesses of 68 % to the purchaser”
confirms nebius 8-K exhibit (tm2525580d2_ex99-2.htm)
Quote: “The divestment was implemented in two closings. The first closing occurred on May 17, 2024, in which the Company sold a controlling stake in the divested businesses of 68%.”