Board authorization to issue Class A Shares
Company: Nebius
The claim, verbatim
Board of Directors designated as competent body to issue and/or grant rights to subscribe for Class A Shares up to 20% of issued share capital for a five-year period
Source (primary)
nebius 8-K exhibit (tm2621374d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-02)Live source ↗
Quote: “General authorization of the Board of Directors to issue and/or grant rights to subscribe for Class A Shares up to an additional 20% of the issued share capital (excluding Class C Shares) of the Company from time to time for a period of five years from the date of the Annual General Meeting”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
Agenda Item 13 establishes the designation, the up-to-20% cap, and the five-year period.
Confirmed in the source:
- The Board of Directors is proposed to be designated as competent body to issue and/or grant rights to subscribe for Class A Shares
- The authorization is up to an additional 20% of the issued share capital
- The authorization runs for a period of five years from the date of the AGM
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465926087080/tm2621374d1_ex99-1.htm) in full (29,929 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2621374d1_ex99-1.htm)
Quote: “General authorization of the Board of Directors to issue and/or grant rights to subscribe for Class A Shares up to an additional 20% of the issued share capital (excluding Class C Shares) of the Company from time to time for a period of five years from the date of the Annual General Meeting”