Conversion of 2029 notes to Class A shares
Company: Nebius
The claim, verbatim
Nebius announced plans to enter into privately negotiated transactions to exchange existing 2029 convertible notes for Class A shares.
Source (primary)
Why Nebius Group Stock Got Crushed on Wednesday - The Globe and Mail (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Nebius announced plans to enter into a number of 'privately negotiated transactions' to exchange a limited number of its existing 2029 notes for Class A shares.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states Nebius plans privately negotiated transactions to exchange a limited number of its existing 2029 notes for Class A shares, matching every assertion in the claim.
Confirmed in the source:
- Nebius announced plans to enter into privately negotiated transactions
- The transactions would exchange existing 2029 notes for Class A shares
What we did: Read our cached copy of the publisher (https://www.theglobeandmail.com/investing/markets/stocks/NVDA-Q/pressreleases/3934776/why-nebius-group-stock-got-crushed-on-wednesday/) in full (6,980 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why Nebius Group Stock Got Crushed on Wednesday - The Globe and Mail
Quote: “Nebius announced plans to enter into a number of 'privately negotiated transactions' to exchange a limited number of its existing 2029 notes for Class A shares.”