Shih Ichi sold $213K of WYFI

WhiteFiber closed a $310M convertible-note sale, with $180M remaining after fees and debt restructuring. The notes mature in 2032, carry 5% interest, and may convert to shares at $33.84 each. The funds may support data center expansion, but project financing for NC-1 is still pending. The company aims for 100MW+ capacity by 2027, subject to power and financing arrangements.

WhiteFiber, Inc. (WYFI) closed a $310.0 million convertible senior notes offering, including an additional $40.0 million from an option. The notes have a 5.00% interest rate and mature in 2032. The company received $298.5 million in net proceeds, using $118.5 million to pay for existing notes and the rest for data center expansion, acquisitions, and general corporate purposes. Concurrently, WhiteFiber exchanged $198.15 million in existing notes for $118.5 million in cash and 6.3 million shares,

WhiteFiber, Inc. (NASDAQ:WYFI) closed a $310.0 million convertible notes offering, with net proceeds of $298.5 million. The company used $118.5 million to exchange existing notes for cash and shares, and plans to use the rest for data center expansion and other purposes. The notes have a 5.00% interest rate and a conversion price of $33.84 per share, a 25% premium over the company’s share price on August 18, 2026.

WhiteFiber completed a $310 million upsized offering of convertible notes. The company's stock has seen a 5-day change of 20.72 USD, a 1st Jan change of -2.08%, and a year-to-date change of -29.81% with a 31.14% increase. The offering may impact the company's financial flexibility and investor interest.

WhiteFiber raised $310M via convertible notes, with $180M for data center expansion. The notes mature in 2032, carry a 5% coupon, and have a $33.84 conversion price. The company also exchanged $198.15M of 2031 notes for cash and shares, reducing its near-term debt. Proceeds will fund property purchases, construction, and equipment for its cloud business.

WhiteFiber issued $310.0 million in 5.00% Convertible Senior Notes due 2032, with net proceeds of $298.5 million. The funds will support data center expansion, equipment purchases, and general corporate purposes. The notes are convertible at about $33.84 per share and mature on September 1, 2032, according to the company.