B. Riley Securities Loan Assignment
Company: WhiteFiber - Project: NC-1
The claim, verbatim
On May 26, 2026, a $20 million portion of an Advance under the Term Loan was assigned to B. Riley Securities, Inc., with a 90-day term and the same economic terms as the original Lender
Source (primary)
WhiteFiber 8-K filed 2026-05-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On May 26, 2026, the Lender assigned a $20 million portion of an Advance under the Term Loan to B. Riley Securities, Inc. ("B. Riley"), a Delaware corporation, pursuant to an Assignment and Assumption Agreement (the "Assignment Agreement") by and between the Lender and B. Riley. Pursuant to the Assignment Agreement, B. Riley became a lender of record under the Term Loan with respect to such assigned Advance on the same economic terms as the Lender, including the Interest Rate, MOIC Amount and security interest in the Collateral. The assigned Advance has a term of 90 days.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms WhiteFiber 8-K filed 2026-05-27
Quote: “On May 26, 2026, the Lender assigned a $20 million portion of an Advance under the Term Loan to B. Riley Securities, Inc. ("B. Riley"), a Delaware corporation, pursuant to an Assignment and Assumption Agreement (the "Assignment Agreement") by and between the Lender and B. Riley. Pursuant to the Assignment Agreement, B. Riley became a lender of record under the Term Loan with respect to such assigned Advance on the same economic terms as the Lender, including the Interest Rate, MOIC Amount and security interest in the Collateral. The assigned Advance has a term of 90 days.”