Existing convertible notes exchanged for equity
Company: Nebius
The claim, verbatim
Exchanged $800 million aggregate principal amount of existing convertible notes ($400 million of 2029 Notes and $400 million of 2031 Notes) for approximately 15.8 million Class A ordinary shares
Source (primary)
nebius 8-K exhibit (tm2623863d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-08-30)Live source ↗
Quote: “entered into exchange agreements with a limited number of holders of the Company's 2.00% Convertible Senior Notes due 2029 and 3.00% Convertible Senior Notes due 2031 to exchange $400 million aggregate original principal amount of the 2029 Notes and $400 million aggregate original principal amount of the 2031 Notes for an aggregate of approximately 15.8 million of its Class A ordinary shares”
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 (tm2623863d1_ex99-1.htm)
Quote: “entered into exchange agreements with a limited number of holders of the Company's 2.00% Convertible Senior Notes due 2029 and 3.00% Convertible Senior Notes due 2031 to exchange $400 million aggregate original principal amount of the 2029 Notes and $400 million aggregate original principal amount of the 2031 Notes for an aggregate of approximately 15.8 million of its Class A ordinary shares”
