August 21 convertible note refinancing
Company: WhiteFiber
The claim, verbatim
WhiteFiber used $118.5 million of the proceeds plus 6.3 million shares to exchange $198.15 million principal of older convertible notes
Source (primary)
WhiteFiber’s Cloud and Colocation Revenue Grew With 6 Million Shares Sold Short. Is This AI Data-Center Bet a Squeeze or a Trap? - Yahoo Finance (-, news_article)
View cached copy (2026-09-05)Live source ↗Archive.org ↗
Quote: “It used $118.5 million of the proceeds plus 6.3 million shares to exchange $198.15 million principal of its older notes”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states WhiteFiber used $118.5 million plus 6.3 million shares to exchange $198.15 million principal of older notes.
Confirmed in the source:
- WhiteFiber used $118.5 million of the proceeds plus 6.3 million shares to exchange $198.15 million principal of its older notes
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/whitefiber-cloud-colocation-revenue-grew-101709645.html) in full (10,999 characters, retrieved September 5, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber’s Cloud and Colocation Revenue Grew With 6 Million Shares Sold Short. Is This AI Data-Center Bet a Squeeze or a Trap? - Yahoo Finance
Quote: “It used $118.5 million of the proceeds plus 6.3 million shares to exchange $198.15 million principal of its older notes”