$120.0 million of proceeds used for call option
Company: WhiteFiber
The claim, verbatim
Company used approximately $120.0 million of net proceeds to pay premium for zero-strike call option transaction
Source (primary)
WhiteFiber 8-K filed 2026-01-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company used approximately $120.0 million of the net proceeds from the Offering to pay the cost of the zero-strike call option transaction described below.”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The 8-K states both the $120.0 million use of proceeds and that the amount was the premium paid for the zero-strike call option transaction.
Confirmed in the source:
- WhiteFiber used approximately $120.0 million of the offering's net proceeds to pay the cost of a zero-strike call option transaction
- The company paid a premium of approximately $120.0 million under the call option transaction
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390026007740/ea0274024-8k_white.htm) in full (20,064 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber 8-K filed 2026-01-26
Quote: “The Company used approximately $120.0 million of the net proceeds from the Offering to pay the cost of the zero-strike call option transaction described below.”