First closing of sale of Russian and international businesses
Company: Nebius
What the later record shows
Delivered on time · happened May 17, 2024
The 2024 20-F and a 2025 exhibit both state the first closing occurred on May 17, 2024, when a 68% stake in the divested businesses was sold.
“The first closing occurred on May 17, 2024, at which the Company sold a controlling stake of 68 % in the Divested Businesses”
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 October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Company sold 68% interest in all group businesses in Russia and certain international markets on May 17, 2024
Source (primary)
Nebius 6-K filed 2024-05-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The first closing occurred on May 17, 2024, at which time the Company sold a 68% interest in the Target”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing defines the Target as all of the group's businesses in Russia and certain international markets and states the Company sold a 68% interest in it at the first closing on May 17, 2024.
Confirmed in the source:
- The Company sold a 68% interest at the first closing
- The first closing occurred on May 17, 2024
- The interest sold was in the Target, defined as all of the group's businesses in Russia and certain international markets
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1513845/000151384524000014/yndx-20240517x6k.htm) in full (3,551 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius 6-K filed 2024-05-17
Quote: “The first closing occurred on May 17, 2024, at which time the Company sold a 68% interest in the Target”
confirms Nebius 20-F filed 2025-04-30
Quote: “The first closing occurred on May 17, 2024, at which the Company sold a controlling stake of 68 % in the Divested Businesses”
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%.”