Second closing consideration - up to 108 million Class A shares
Company: Nebius
The claim, verbatim
At the second closing, consideration will be paid in up to 108 million Class A shares of Yandex N.V., with any balance paid in Chinese Yuan
Source (primary)
Nebius 6-K filed 2024-05-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The consideration at the second closing will be paid in a combination of up to 108 million Class A shares of Yandex N.V., with the balance (if any) to be paid in Chinese Yuan outside Russia.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing says second-closing consideration will be up to 108 million Class A shares, with any balance paid in Chinese Yuan outside Russia.
Confirmed in the source:
- Consideration at the second closing will be paid in up to 108 million Class A shares of Yandex N.V.
- Any balance of the consideration will be paid in Chinese Yuan
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1513845/000151384524000016/tmb-20240523x6k.htm) in full (3,881 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius 6-K filed 2024-05-23
Quote: “The consideration at the second closing will be paid in a combination of up to 108 million Class A shares of Yandex N.V., with the balance (if any) to be paid in Chinese Yuan outside Russia.”