jain.com

NC-1 facility purchase

Company: WhiteFiber

Subject kind
acquisition
Statement date
2026-03-25
Promised amount
45000000.0 USD
Current status
stated

The claim, verbatim

Completed purchase of industrial/manufacturing building and land in Madison, North Carolina (NC-1) for $45 million cash

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...for a cash purchase price of $45 million.”

How we checked this

Checked on September 15, 2026. The cited source supports every part of this claim.

The 10-K states that the NC-1 building and land in Madison, North Carolina were bought from UMI for a $45 million cash price. The price also covered certain machinery and equipment on the site.

Confirmed in the source:

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: “On May 20, 2025, we completed the purchase of a former industrial/manufacturing building from UMI...for a cash purchase price of $45 million.”

View cached copy (2026-08-31)Live source ↗