Progress toward First Completion of divestment
Company: Nebius
The claim, verbatim
The company states it is making good progress toward implementing the proposed divestment, including satisfying internal reorganization conditions, obtaining regulatory and other approvals, and meeting other conditions to First Completion.
Source (primary)
nebius 8-K exhibit (yndx-20240304xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-09)Live source ↗
Quote: “the company is making good progress toward implementation of the proposed transaction, including with regard to satisfying conditions related to the group’s internal reorganization, obtaining relevant regulatory and other approvals, and satisfying other conditions to the First Completion of the transaction”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The press release says the company is making good progress on the transaction, naming internal reorganization conditions, regulatory and other approvals, and other conditions to First Completion.
Confirmed in the source:
- Yandex N.V. stated it was making good progress toward implementing the proposed transaction
- The progress cited included satisfying conditions related to the group's internal reorganization
- The progress cited included obtaining relevant regulatory and other approvals
- The progress cited included satisfying other conditions to the First Completion of the transaction
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000151384524000006/yndx-20240304xex99d1.htm) in full (5,484 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (yndx-20240304xex99d1.htm)
Quote: “the company is making good progress toward implementation of the proposed transaction, including with regard to satisfying conditions related to the group’s internal reorganization, obtaining relevant regulatory and other approvals, and satisfying other conditions to the First Completion of the transaction”