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Exchange of $198.15M existing convertible notes for $118.5M cash and 6.3M shares

Company: WhiteFiber

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

What the later record shows

Delivered on time · happened August 21, 2026

The August 21, 2026 closing release states the company exchanged $198.15M of 2031 notes for about $118.5M cash and about 6.3M shares, on the promised date.

“WhiteFiber Announces Closing of Upsized $310.0 Million Convertible Senior Notes Offering NEW YORK, August 21, 2026”
2026-08-20 · whitefiber 8-K exhibit (ea030292501ex99-3.htm) View cached copy (2026-08-30)Live source ↗
“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 entered into privately negotiated transactions to exchange $198.15 million principal amount of 4.500% Convertible Senior Notes due 2031 for approximately $118.5 million in cash (including accrued interest) and approximately 6.3 million ordinary shares.

Source (primary)

WhiteFiber Announces Pricing of Upsized $270.0 Million Convertible Senior Notes Offering - TradingView (-, news_article)
View cached copy (2026-09-01)Live source ↗

Quote: “entered into privately negotiated transactions with certain holders of its 4.500% Convertible Senior Notes due 2031 (the 'existing notes') to exchange $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.”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The release describes the concurrent privately negotiated exchange of $198.15 million of 4.500% notes due 2031. The stated consideration is about $118.5 million in cash, including accrued interest, plus about 6.3 million ordinary shares.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.tradingview.com/news/prnewswire:32fde9b287175:0-whitefiber-announces-pricing-of-upsized-270-0-million-convertible-senior-notes-offering/) in full (15,330 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms WhiteFiber Announces Pricing of Upsized $270.0 Million Convertible Senior Notes Offering - TradingView

Quote: “entered into privately negotiated transactions with certain holders of its 4.500% Convertible Senior Notes due 2031 (the 'existing notes') to exchange $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.”

View cached copy (2026-09-01)Live source ↗

confirms whitefiber 8-K exhibit (ea030292501ex99-3.htm)

Quote: “WhiteFiber Announces Closing of Upsized $310.0 Million Convertible Senior Notes Offering NEW YORK, August 21, 2026”

View cached copy (2026-08-30)Live source ↗

Record of changes

September 5, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 5, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.