Consideration structure for second closing
Company: Nebius
The claim, verbatim
At second closing, consideration comprises up to 108 million Class A shares plus balance in Chinese Yuan
Source (primary)
Nebius 6-K filed 2024-05-17 (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 describes this consideration structure. It says the Yuan balance is payable only 'if any', so a cash component is possible but not certain.
Confirmed in the source:
- Consideration at the second closing will include up to 108 million Class A shares of Yandex N.V.
- Any balance will be paid in Chinese Yuan (outside Russia)
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 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”