Net Proceeds from Convertible Notes Offering
Company: WhiteFiber
The claim, verbatim
WhiteFiber received net proceeds of approximately $298.5 million from the offering
Source (primary)
WhiteFiber Announces Closing of Upsized $310.0 Million Convertible Senior Notes Offering (-, news_article)
View cached copy (2026-08-30)Live source ↗Archive.org ↗
Quote: “The Company received net proceeds from the offering of the notes of approximately $298.5 million, after deducting the initial purchasers' discounts and its estimated offering expenses.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The press release states the company received net proceeds of approximately $298.5 million after deducting the initial purchasers' discounts and estimated offering expenses.
Confirmed in the source:
- WhiteFiber received net proceeds of approximately $298.5 million from the notes offering
What we did: Read our cached copy of the publisher (https://www.prnewswire.com/news-releases/whitefiber-announces-closing-of-upsized-310-0-million-convertible-senior-notes-offering-302857530.html) in full (17,687 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber Announces Closing of Upsized $310.0 Million Convertible Senior Notes Offering
Quote: “The Company received net proceeds from the offering of the notes of approximately $298.5 million, after deducting the initial purchasers' discounts and its estimated offering expenses.”
confirms B. Riley keeps WhiteFiber at Buy, $38 target as North Carolina financing nears - Yahoo Finance
Quote: “while net proceeds totaled about $298.5 million”