NC-1 conditional purchase price increase (2-3 year Duke Energy milestone)
Company: WhiteFiber - Project: NC-1
The claim, verbatim
NC-1 purchase price increases by $5 million if Duke Energy provides 99+ MW between 2-3 years of May 20, 2025
Source (primary)
WhiteFiber 10-K filed 2026-03-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “or (ii) $5 million, if Duke Energy actually provides, or provides an Electric Services Agreement providing for, at least 99 MW (gross) more than two years but less than three years after May 20, 2025.”
How we checked this
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Additional evidence
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “or (ii) $5 million, if Duke Energy actually provides, or provides an Electric Services Agreement providing for, at least 99 MW (gross) more than two years but less than three years after May 20, 2025.”