Exchange of 4.500% Convertible Senior Notes Due 2031
Company: WhiteFiber
What the later record shows
Delivered on time · happened August 21, 2026
The 8-K says the note exchanges were expected to settle on or about August 21, 2026. The offering, which could only close if substantially all exchanges closed, was completed on August 21, 2026. No passage separately confirms the exchange settlement itself.
“The Company anticipates that the Note Exchange Transactions will settle on or about August 21, 2026.”
2026-08-20 · WhiteFiber 8-K filed 2026-08-21 View cached copy (2026-08-30)Live source ↗
“The closing of the offering of the notes is contingent upon the satisfaction of the conditions to closing of substantially all of the note exchange transactions”
2026-08-20 · whitefiber 8-K exhibit (ea030292501ex99-2.htm) View cached copy (2026-08-30)Live source ↗
“On August 21, 2026, WhiteFiber, Inc. (the “ Company ”) completed its previously announced upsized private offering”
2026-08-20 · WhiteFiber 8-K filed 2026-08-21 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
Concurrently with the convertible notes offering, the Company entered into privately negotiated transactions to exchange $198.15 million principal amount of its 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 - PR Newswire (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company 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 on terms negotiated with each holder (each, a "note exchange transaction"), 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 press release describes concurrent privately negotiated exchanges of $198.15 million of 4.500% notes due 2031 for about $118.5 million in cash (including accrued interest) and about 6.3 million ordinary shares.
Confirmed in the source:
- The exchange transactions were entered into concurrently with the pricing of the convertible notes offering
- The exchanges were privately negotiated transactions with certain holders
- The exchanged notes are the Company's 4.500% Convertible Senior Notes due 2031
- $198.15 million in aggregate principal amount of the existing notes is being exchanged
- The consideration includes an aggregate cash amount of approximately $118.5 million, including accrued and unpaid interest
- The consideration also includes approximately 6.3 million ordinary shares
What we did: Read our cached copy of the publisher (https://www.prnewswire.com/news-releases/whitefiber-announces-pricing-of-upsized-270-0-million-convertible-senior-notes-offering-302855054.html) in full (23,037 characters, retrieved August 31, 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 - PR Newswire
Quote: “the Company 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 on terms negotiated with each holder (each, a "note exchange transaction"), for an aggregate cash amount of approximately $118.5 million (including accrued and unpaid interest) and approximately 6.3 million ordinary shares.”
confirms WhiteFiber 8-K filed 2026-08-21
Quote: “The Company anticipates that the Note Exchange Transactions will settle on or about August 21, 2026.”
confirms whitefiber 8-K exhibit (ea030292501ex99-2.htm)
Quote: “The closing of the offering of the notes is contingent upon the satisfaction of the conditions to closing of substantially all of the note exchange transactions”