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NC-1 initial capacity completion

Company: WhiteFiber - Project: NC-1

Subject kind
facility timeline
Statement date
2025-07-28
Promised by
2026-03-31
Promised amount
24.0 MW
Current status
verified

What the later record shows

Delivered late · new target April 30, 2026

The March 2026 10-K moved completion of the first phase (27 MW gross) to April 2026, so it was not done in Q1 2026. By the August 2026 earnings call, about 20 MW of IT capacity was available and initial billing had commenced. The exact completion date is not given.

“We intend to complete the first phase of construction 27MW (gross) of NC-1 facility April 2026.”
2026-03-25 · WhiteFiber 10-K filed 2026-03-26 View cached copy (2026-08-31)Live source ↗
“Samir Tabar, chief executive officer, said about 20 megawatts of IT capacity at NC-1 was available for customer installation and testing.”
2026-08-13 · WYFI Q2 Earnings Call Focuses on NC-1 Ramp and Cloud Expansion - Yahoo Finance View cached copy (2026-08-31)Live source ↗
“Samir Tabar, the CEO, mentioned that initial billing commenced and expected the full 40 MW to have reached run-rate billing by the end of August.”
2026-09-30 · WYFI Stock Rallies 56% in 6 Months: Here's What You Should Know - Zacks Investment Research View cached copy (2026-10-01)Live source ↗Archive.org ↗

Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Initial capacity of 24 MW (gross) for NC-1 site estimated to be completed and operational in the first quarter of 2026

Source (primary)

WhiteFiber S-1/A filed 2025-07-29 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “We estimate that the initial capacity of 24 MW (gross) for the NC-1 site will be completed and operational in the first quarter of 2026.”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The prospectus states the company estimates the initial 24 MW (gross) capacity at NC-1 will be completed and operational in Q1 2026.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390025068434/ea0249945-03.htm) in full (841,778 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms WhiteFiber S-1/A filed 2025-07-29

Quote: “We estimate that the initial capacity of 24 MW (gross) for the NC-1 site will be completed and operational in the first quarter of 2026.”

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

confirms WYFI Q2 Earnings Call Focuses on NC-1 Ramp and Cloud Expansion - Yahoo Finance

Quote: “Samir Tabar, chief executive officer, said about 20 megawatts of IT capacity at NC-1 was available for customer installation and testing.”

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

confirms WhiteFiber 10-K filed 2026-03-26

Quote: “We intend to complete the first phase of construction 27MW (gross) of NC-1 facility April 2026.”

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

confirms WYFI Stock Rallies 56% in 6 Months: Here's What You Should Know - Zacks Investment Research

Quote: “Samir Tabar, the CEO, mentioned that initial billing commenced and expected the full 40 MW to have reached run-rate billing by the end of August.”

View cached copy (2026-10-01)Live source ↗Archive.org ↗

Record of changes

September 2, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 3, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.