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Exchange of 2031 convertible notes for cash and shares

Company: WhiteFiber

Subject kind
financing
Statement date
2026-08-19
Promised by
2026-08-21
Promised amount
198.15 USD
Current status
stated

The claim, verbatim

WhiteFiber will exchange approximately $198.15 million of its existing 4.500% convertible senior notes due 2031 for approximately $118.5 million in cash and approximately 6.3 million ordinary shares.

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: “The company also disclosed a concurrent exchange of $198.15 million of existing 2031 notes for cash and roughly 6.3 million shares”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms WhiteFiber Shares Plunge as Convertible Note Deal Swells to $270 Million - finance.biggo.com

Quote: “The company also disclosed a concurrent exchange of $198.15 million of existing 2031 notes for cash and roughly 6.3 million shares”

View cached copy (2026-08-31)Live source ↗