$270M convertible note offering
Company: WhiteFiber
The claim, verbatim
WhiteFiber announced a $270 million convertible note offering (increased from initially planned $250 million), with an additional $40 million option for buyers, expecting net proceeds of approximately $259.8 million or $298.5 million if fully exercised, with transaction closing August 21, 2026
Source (primary)
WYFI Stock Crashed More Than 22% In Pre-Market Today – What’s The Latest On Its Convertible Note Offering? - Yahoo Finance (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “WhiteFiber expects net proceeds of approximately $259.8 million, or $298.5 million if buyers fully exercise their additional purchase option”
How we checked this
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Additional evidence
confirms WYFI Stock Crashed More Than 22% In Pre-Market Today – What’s The Latest On Its Convertible Note Offering? - Yahoo Finance
Quote: “WhiteFiber expects net proceeds of approximately $259.8 million, or $298.5 million if buyers fully exercise their additional purchase option”