Estimated net proceeds from convertible notes offering
Company: WhiteFiber
The claim, verbatim
Estimated net proceeds of approximately $202.1 million after deducting discounts and expenses, or approximately $221.5 million if underwriter option exercised in full
Source (primary)
whitefiber 8-K exhibit (ea027402401ex99-2_white.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-21)Live source ↗
Quote: “The Company estimates that the net proceeds from the offering will be approximately $202.1 million (or approximately $221.5 million if the initial purchasers exercise their option to purchase additional notes in full), after deducting the initial purchasers' discounts and estimated offering expenses payable by the Company”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The release gives both net proceeds estimates and says they are calculated after discounts and expenses.
Confirmed in the source:
- Estimated net proceeds are approximately $202.1 million after deducting the initial purchasers' discounts and estimated offering expenses
- Estimated net proceeds are approximately $221.5 million if the initial purchasers exercise their option in full
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/2042022/000121390026007740/ea027402401ex99-2_white.htm) in full (13,363 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms whitefiber 8-K exhibit (ea027402401ex99-2_white.htm)
Quote: “The Company estimates that the net proceeds from the offering will be approximately $202.1 million (or approximately $221.5 million if the initial purchasers exercise their option to purchase additional notes in full), after deducting the initial purchasers' discounts and estimated offering expenses payable by the Company”