MTL-3 purchase option exercise and closing
Company: WhiteFiber - Project: MTL-3
What the later record shows
Delivered on time · happened May 8, 2026
The MTL-3 purchase closed on May 8, 2026 at CAD 24.2 million (about $17.3 million), within the expected Q2 2026 window.
“The option was exercised on January 14, 2026 and the purchase of MTL-3 was closed on May 8, 2026.”
2026-08-11 · WhiteFiber 10-Q filed 2026-08-12 View cached copy (2026-08-31)Live source ↗
“On May 8, 2026, the Company acquired the land and building comprising its MTL-3 facility in Saint-Jérôme, Québec, for a fixed purchase price of CAD $ 24.2 million”
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 fixed-price purchase option for MTL-3 of $17.3 million; purchase expected to close in 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 option of CAD 24.2 million (approximately $17.3 million) was exercised on January 14, 2026, with closing expected in Q2 2026.
Confirmed in the source:
- WhiteFiber exercised a fixed-price purchase option for MTL-3
- The option price is CAD 24.2 million, approximately $17.3 million
- The MTL-3 purchase is expected to close in 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 2026-08-12
Quote: “The option was exercised on January 14, 2026 and the purchase of MTL-3 was closed on May 8, 2026.”