Exchange of existing 2029 convertible notes for Class A shares
Company: Nebius
The claim, verbatim
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 - Yahoo Finance (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗
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 October 10, 2026. The cited source supports part of this claim, but not all of it.
The article reports the planned privately negotiated exchange of existing 2029 notes for Class A shares. It does not explicitly describe those 2029 notes as convertible.
Confirmed in the source:
- Nebius announced plans to enter into privately negotiated transactions
- The transactions would exchange a limited number of Nebius's existing 2029 notes for Class A shares
We could not confirm this from the cited source:
- That the existing 2029 notes being exchanged are convertible notes (the article calls them only '2029 notes')
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/why-nebius-group-stock-got-171937567.html) in full (10,771 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 - Yahoo Finance
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”
confirms Why Nebius Group Stock Got Crushed on Wednesday - The Motley Fool
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.”
confirms Why Nebius Group Stock Got Crushed on Wednesday - Currently.com
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.”
confirms NBIS Stock Falls After Announcing Its Third Multi-Billion Dollar Convertible Notes Sale in Under a Year - Yahoo Finance
Quote: “Nebius said it expects to enter into privately negotiated exchange agreements with holders of portions of its existing 2.00% convertible notes due 2029 and 3.00% convertible notes due 2031. Under these agreements, Nebius would exchange portions of the existing debt for Class A shares.”
confirms Nebius Group Sinks 13% on $4.5B Convertible Note Offering and Share Exchange Plan - 24/7 Wall St.
Quote: “Concurrent with pricing, Nebius plans privately negotiated exchange agreements with holders of its existing 2% convertible notes due 2029 and 3% convertible notes due 2031, swapping a portion of those notes for Class A ordinary shares.”
confirms Nebius Group Sinks 13% on $4.5B Convertible Note Offering and Share Exchange Plan - Yahoo Finance
Quote: “Concurrent with pricing, Nebius plans privately negotiated exchange agreements with holders of its existing 2% convertible notes due 2029 and 3% convertible notes due 2031, swapping a portion of those notes for Class A ordinary shares.”