Data center expansion using proceeds
Company: WhiteFiber
The claim, verbatim
Remaining net proceeds intended primarily for data center expansion including leasing or purchasing additional properties, constructing facilities, entering into energy service agreements, purchasing equipment, and potential acquisitions and partnerships
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 remaining net proceeds from the offering primarily for data center expansion, including to partially fund the lease or purchase of additional property or properties on which to build additional WhiteFiber data centers, to construct those facilities, to enter into additional energy service agreements for each additional site, to purchase related equipment, and for potential acquisitions, partnerships and joint ventures related thereto”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The release lists each of these planned uses of the remaining net proceeds under data center expansion.
Confirmed in the source:
- The remaining net proceeds are intended primarily for data center expansion
- Planned uses include partially funding the lease or purchase of additional properties for data centers
- Planned uses include constructing those facilities
- Planned uses include entering into additional energy service agreements
- Planned uses include purchasing related equipment
- Planned uses include potential acquisitions, partnerships and joint ventures
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 remaining net proceeds from the offering primarily for data center expansion, including to partially fund the lease or purchase of additional property or properties on which to build additional WhiteFiber data centers, to construct those facilities, to enter into additional energy service agreements for each additional site, to purchase related equipment, and for potential acquisitions, partnerships and joint ventures related thereto”