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Exchange of Existing Convertible Notes

Company: WhiteFiber

Subject kind
financing
Statement date
2026-08-21
Promised amount
198.15 USD
Current status
stated

The claim, verbatim

WhiteFiber exchanged $198.15 million principal amount of existing 4.500% Convertible Senior Notes due 2031 for approximately $118.5 million in cash and 6.3 million ordinary shares

Source (primary)

WhiteFiber Announces Closing of Upsized $310.0 Million Convertible Senior Notes Offering (-, news_article)
View cached copy (2026-08-31)Live source ↗

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

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

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 31, 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”

View cached copy (2026-08-31)Live source ↗