Exchange agreements for existing convertible notes
Company: Nebius
The claim, verbatim
Concurrently with pricing of the Notes offering, company expects to enter into exchange agreements with holders of 2029 and 2031 convertible notes to exchange a portion of outstanding notes for Class A ordinary shares
Source (primary)
nebius 8-K exhibit (tm2623513d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-08-31)Live source ↗
Quote: “Concurrently with the pricing of the offering of the Notes, in separate, privately negotiated transactions, the Company expects to enter into exchange agreements with a limited number of holders of the Company's 2.00% Convertible Senior Notes due 2029 (the "2029 Notes") and/or 3.00% Convertible Senior Notes due 2031 (the "2031 Notes") to exchange a portion of the outstanding Existing Notes for the Company's Class A ordinary shares”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document establishes the expected concurrent exchange agreements with 2029 and 2031 noteholders to exchange notes for Class A ordinary shares.
Confirmed in the source:
- Concurrently with pricing of the Notes offering, the company expects to enter into exchange agreements with holders of its 2.00% Convertible Senior Notes due 2029 and 3.00% Convertible Senior Notes due 2031
- The exchanges would exchange a portion of outstanding existing notes for the company's Class A ordinary shares
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465926098590/tm2623513d1_ex99-1.htm) in full (12,192 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2623513d1_ex99-1.htm)
Quote: “Concurrently with the pricing of the offering of the Notes, in separate, privately negotiated transactions, the Company expects to enter into exchange agreements with a limited number of holders of the Company's 2.00% Convertible Senior Notes due 2029 (the "2029 Notes") and/or 3.00% Convertible Senior Notes due 2031 (the "2031 Notes") to exchange a portion of the outstanding Existing Notes for the Company's Class A ordinary shares”