Zero-strike call option transaction for ordinary shares
Company: WhiteFiber
The claim, verbatim
Entered into zero-strike call option transaction paying $120 million premium for right to receive 5,905,511 ordinary shares at expiration shortly after February 1, 2031
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 entered into a privately negotiated zero-strike call option transaction with one of the initial purchasers or its affiliate... will pay a premium equal to approximately $120.0 million for the right to receive, without further payment, 5,905,511 ordinary shares”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The release describes the zero-strike call option, the approximately $120.0 million premium, the 5,905,511 shares, and an expiry shortly after the February 1, 2031 maturity. It notes that early settlement is possible at the counterparty's discretion.
Confirmed in the source:
- WhiteFiber entered into a privately negotiated zero-strike call option transaction with one of the initial purchasers or its affiliate
- WhiteFiber will pay a premium of approximately $120.0 million
- The premium buys the right to receive 5,905,511 ordinary shares without further payment
- The shares are to be delivered at expiry, which is scheduled shortly after the notes' February 1, 2031 maturity date
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 entered into a privately negotiated zero-strike call option transaction with one of the initial purchasers or its affiliate... will pay a premium equal to approximately $120.0 million for the right to receive, without further payment, 5,905,511 ordinary shares”