MTL-3 purchase option exercise and close
Company: WhiteFiber - Project: MTL-3
What the later record shows
Delivered on time · happened May 8, 2026
The option was exercised January 14, 2026, and the purchase closed May 8, 2026, inside the expected Q2 2026 window.
“to finance the acquisition of the MTL-3 facility, at a purchase price of CAD $24.2 million (approximately USD $17.4 million). The closing date occurred on May 8, 2026.”
2026-05-13 · WhiteFiber 10-Q filed 2026-05-14 View cached copy (2026-08-31)Live source ↗
“The option was exercised on January 14, 2026 and the purchase of MTL-3 closed on May 8, 2026.”
2026-08-11 · WhiteFiber 10-Q filed 2026-08-12 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Exercised MTL-3 purchase option on January 14, 2026 with CAD 24.2 million (~$17.3M) purchase price; closing expected Q2 2026
Source (primary)
WhiteFiber 10-K filed 2026-03-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The option was exercised on January 14, 2026 and the purchase of MTL-3 is expected to close during the second quarter of 2026.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The 10-K states the fixed-price purchase option of CAD 24.2 million (about $17.3 million), its exercise on January 14, 2026, and expected closing in Q2 2026.
Confirmed in the source:
- WhiteFiber exercised the MTL-3 purchase option on January 14, 2026
- The MTL-3 purchase option has a fixed price of CAD 24.2 million (approximately $17.3 million)
- The MTL-3 purchase is expected to close during the second quarter of 2026
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390026034341/ea0278305-10k_white.htm) in full (600,249 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “The option was exercised on January 14, 2026 and the purchase of MTL-3 is expected to close during the second quarter of 2026.”
confirms WhiteFiber 10-Q filed 2026-05-14
Quote: “to finance the acquisition of the MTL-3 facility, at a purchase price of CAD $24.2 million (approximately USD $17.4 million). The closing date occurred on May 8, 2026.”
confirms WhiteFiber 10-Q filed 2026-08-12
Quote: “The option was exercised on January 14, 2026 and the purchase of MTL-3 closed on May 8, 2026.”