NC-1 facility acquisition in Madison, North Carolina
Company: WhiteFiber - Project: NC-1
The claim, verbatim
WhiteFiber completed acquisition of NC-1 facility from UMI on May 20, 2025 for $45 million cash purchase price
Source (primary)
WhiteFiber 10-K filed 2026-03-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On May 20, 2025, we completed the purchase of a former industrial/manufacturing building from UMI. Pursuant to the Purchase Agreement we agreed to purchase from UMI, an industrial/manufacturing building together with the underlying land located in Madison, North Carolina, which we refer to as "NC-1"... for a cash purchase price of $45 million.”
How we checked this
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Additional evidence
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “On May 20, 2025, we completed the purchase of a former industrial/manufacturing building from UMI. Pursuant to the Purchase Agreement we agreed to purchase from UMI, an industrial/manufacturing building together with the underlying land located in Madison, North Carolina, which we refer to as "NC-1"... for a cash purchase price of $45 million.”