Convertible Notes Exchange Transaction
Company: WhiteFiber
The claim, verbatim
WhiteFiber exchanged $198.15 million principal of existing 4.500% Convertible Senior Notes due 2031 for approximately $118.5 million in cash and approximately 6.3 million ordinary shares
Source (primary)
WhiteFiber Announces Closing of Upsized $310.0 Million Convertible Senior Notes Offering (-, news_article)
View cached copy (2026-08-30)Live source ↗Archive.org ↗
Quote: “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”
How we checked this
Checked on September 2, 2026. The cited source supports every part of this claim.
The release describes the concurrent exchange with the same principal amount, cash consideration and share count.
Confirmed in the source:
- WhiteFiber exchanged $198.15 million aggregate principal amount of its existing 4.500% Convertible Senior Notes due 2031
- The exchange consideration was approximately $118.5 million in cash, including accrued and unpaid interest
- The exchange also included approximately 6.3 million ordinary shares
What we did: Read our cached copy of the publisher (https://www.prnewswire.com/news-releases/whitefiber-announces-closing-of-upsized-310-0-million-convertible-senior-notes-offering-302857530.html) in full (17,687 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber Announces Closing of Upsized $310.0 Million Convertible Senior Notes Offering
Quote: “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”