$270 million convertible senior notes offering
Company: WhiteFiber
What the later record shows
Delivered on time · happened August 21, 2026
The 5.00% 2032 notes offering closed on August 21, 2026 as expected, upsized to $310M. The conversion price was $33.84 as stated.
“which is equivalent to an initial conversion price of approximately $33.84 per Ordinary Share.”
2026-08-20 · WhiteFiber 8-K filed 2026-08-21 View cached copy (2026-08-30)Live source ↗
“On August 21, it closed $310 million of new 5% convertible notes due 2032 and received about $298.5 million net.”
2026-09-05 · WhiteFiber’s Cloud and Colocation Revenue Grew With 6 Million Shares Sold Short. Is This AI Data-Center Bet a Squeeze or View cached copy (2026-09-05)Live source ↗Archive.org ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
WhiteFiber is offering $270 million in 5.00% convertible senior notes due September 1, 2032, with a conversion price of $33.84 per share, expected to close on August 21, 2026.
Source (primary)
WhiteFiber Shares Plunge as Convertible Note Deal Swells to $270 Million - finance.biggo.com (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “priced an upsized $270 million convertible note offering... The 5.00% notes due 2032 carry a conversion price of $33.84 per share... The sale is expected to close on August 21, 2026.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The article states the $270 million size, the 5.00% coupon, the September 1, 2032 maturity, the $33.84 conversion price and the August 21, 2026 expected closing date.
Confirmed in the source:
- WhiteFiber priced a $270 million convertible senior note offering, upsized from $250 million
- The notes carry a 5.00% annual coupon
- The notes mature on September 1, 2032
- The initial conversion price is approximately $33.84 per share
- The sale is expected to close on August 21, 2026
What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/a90dae8f-d2f9-4168-9b44-6fa04350ee8a) in full (8,218 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber Shares Plunge as Convertible Note Deal Swells to $270 Million - finance.biggo.com
Quote: “priced an upsized $270 million convertible note offering... The 5.00% notes due 2032 carry a conversion price of $33.84 per share... The sale is expected to close on August 21, 2026.”
confirms WhiteFiber Stock Sinks After Raising $270 Million via Convertible Unsecured Debt - TradingView
Quote: “WhiteFiber priced $270 million of 5.00% Convertible Senior Notes due 2032 in a private placement to qualified institutional buyers, up from the previously announced $250 million. Initial purchasers also have an option to buy up to an additional $40 million of notes. The offering is expected to close on August 21, 2026”
confirms WhiteFiber 8-K filed 2026-08-21
Quote: “which is equivalent to an initial conversion price of approximately $33.84 per Ordinary Share.”
confirms WhiteFiber’s Cloud and Colocation Revenue Grew With 6 Million Shares Sold Short. Is This AI Data-Center Bet a Squeeze or a Trap? - Yahoo Finance
Quote: “On August 21, it closed $310 million of new 5% convertible notes due 2032 and received about $298.5 million net.”