jain.com

Initial closing timeline

Company: Nebius

Subject kind
acquisition
Statement date
2024-02-14
Promised by
2024-06-30
Current status
verified

What the later record shows

Delivered on time · happened May 17, 2024

The first closing of the divestment occurred on May 17, 2024, which is within the promised first half of 2024.

“The first closing took place on May 17, 2024, and the second and final closing occurred on July 12, 2024.”
2025-04-29 · Nebius 20-F filed 2025-04-30 View cached copy (2026-08-31)Live source ↗
“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 ↗

Checked November 11, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

The initial closing of the divestment transaction is expected to take place in the first half of 2024.

Source (primary)

nebius 8-K exhibit (yndx-20231231xex99d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-11)Live source ↗

Quote: “It is expected that the initial closing pursuant to the transaction will take place in the first half of 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 (yndx-20231231xex99d2.htm)

Quote: “It is expected that the initial closing pursuant to the transaction will take place in the first half of 2024.”

View cached copy (2026-11-11)Live source ↗

confirms Nebius 20-F filed 2025-04-30

Quote: “The first closing took place on May 17, 2024, and the second and final closing occurred on July 12, 2024.”

View cached copy (2026-08-31)Live source ↗

confirms nebius 8-K exhibit (tm2525580d2_ex99-2.htm)

Quote: “The first closing occurred on May 17, 2024, in which the Company sold a controlling stake in the divested businesses of 68%.”

View cached copy (2026-10-04)Live source ↗

Record of changes

November 11, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 11, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.