A Public Company with a Unique Advantage

Despite the Nasdaq's initial decision to delist Yandex and other Russian-affiliated companies in 2022, Yandex appealed and the Nasdaq agreed to maintain its listing, albeit with a trading halt. With the Russian ties severed and $2 billion in the bank from selling its Russian assets, Volozh decided to continue Nebius as a public company, citing its ease and cost-effectiveness in accessing capital for its capital-intensive business. This unique advantage allows Nebius to focus on its growth strategy without the need for additional funding.