Exchange of 2031 convertible notes for cash and shares
Company: WhiteFiber
What the later record shows
Delivered on time · happened August 21, 2026
The August 21, 2026 closing release confirms the $198.15M of 2031 notes were exchanged for about $118.5M cash and about 6.3M shares.
“Pursuant to those transactions, the Company exchanged $198.15 million in aggregate principal amount of the existing notes for an aggregate cash amount of approximately $118.5 million (including accrued and unpaid interest) and approximately 6.3 million ordinary shares”
2026-08-20 · whitefiber 8-K exhibit (ea030292501ex99-3.htm) View cached copy (2026-08-30)Live source ↗
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 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
Checked on October 11, 2026. The cited source supports every part of this claim.
The article says WhiteFiber agreed to swap $198.15 million of its 4.500% notes due 2031 for about $118.5 million in cash and about 6.3 million ordinary shares.
Confirmed in the source:
- WhiteFiber agreed to a concurrent, privately negotiated exchange of $198.15 million of its existing notes
- The exchanged notes are its 4.500% Convertible Senior Notes due 2031
- The exchange consideration includes approximately $118.5 million in cash
- The exchange consideration includes about 6.3 million ordinary shares
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: “The company also disclosed a concurrent exchange of $198.15 million of existing 2031 notes for cash and roughly 6.3 million shares”
confirms whitefiber 8-K exhibit (ea030292501ex99-3.htm)
Quote: “Pursuant to those transactions, the Company exchanged $198.15 million in aggregate principal amount of the existing notes for an aggregate cash amount of approximately $118.5 million (including accrued and unpaid interest) and approximately 6.3 million ordinary shares”