Exchange of Existing Convertible Notes
Company: WhiteFiber
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)
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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
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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”