Allocation of $120 million proceeds for zero-strike call option
Company: WhiteFiber
The claim, verbatim
Approximately $120 million of net proceeds allocated to pay cost of zero-strike call option transaction
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: “approximately $120.0 million of the net proceeds from the offering to pay the cost of the zero-strike call option transaction”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The use-of-proceeds section allocates approximately $120.0 million of the net proceeds to the zero-strike call option.
Confirmed in the source:
- WhiteFiber intends to use approximately $120.0 million of the net proceeds to pay the cost of the zero-strike call option transaction
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: “approximately $120.0 million of the net proceeds from the offering to pay the cost of the zero-strike call option transaction”