Over-allotment option fully exercised
Company: WhiteFiber
What the later record shows
Delivered; the record does not say when
The option was fully exercised on September 2, 2025. The 10-K equity statement records the 1,406,250 over-allotment shares as issued, but no passage gives the closing date, so it cannot be confirmed whether it closed on September 4.
“On September 2, 2025, the underwriters related to this initial public offering fully exercised their option to purchase an additional 1,406,250 ordinary shares”
2025-09-16 · WhiteFiber 10-Q filed 2025-09-17 View cached copy (2026-08-31)Live source ↗
“Issuance of ordinary shares/over-allotment option exercise, net of offering costs 1,406,250 14,063 22,175,132”
2026-03-25 · WhiteFiber 10-K filed 2026-03-26 View cached copy (2026-08-31)Live source ↗
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
On September 2, 2025, the Underwriters fully exercised their 30-day option to purchase 1,406,250 additional ordinary shares at $17.00 per share, resulting in gross proceeds of approximately $23.9 million, with expected closing on September 4, 2025.
Source (primary)
WhiteFiber 8-K filed 2025-09-03 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On September 2, 2025, the Underwriters fully exercised their option to purchase the additional 1,406,250 Ordinary Shares at the public offering price of $17.00 per share, resulting in additional gross proceeds to the Company of approximately $23.9 million. The exercise of the over-allotment option is expected to close on September 4, 2025, subject to customary closing conditions.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states that the underwriters fully exercised their 30-day option on September 2, 2025 to buy 1,406,250 additional shares at $17.00 each. It says this brought about $23.9 million in additional gross proceeds and was expected to close on September 4, 2025.
Confirmed in the source:
- The Underwriters fully exercised their over-allotment option on September 2, 2025
- The option was a 30-day option granted under the Underwriting Agreement
- The option covered 1,406,250 additional ordinary shares
- The shares were purchased at the public offering price of $17.00 per share
- The exercise resulted in additional gross proceeds of approximately $23.9 million
- The exercise was expected to close on September 4, 2025
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390025083731/ea0255763-8k_white.htm) in full (3,978 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber 8-K filed 2025-09-03
Quote: “On September 2, 2025, the Underwriters fully exercised their option to purchase the additional 1,406,250 Ordinary Shares at the public offering price of $17.00 per share, resulting in additional gross proceeds to the Company of approximately $23.9 million. The exercise of the over-allotment option is expected to close on September 4, 2025, subject to customary closing conditions.”
confirms WhiteFiber 10-Q filed 2025-09-17
Quote: “On September 2, 2025, the underwriters related to this initial public offering fully exercised their option to purchase an additional 1,406,250 ordinary shares”
confirms WhiteFiber 10-K filed 2026-03-26
Quote: “Issuance of ordinary shares/over-allotment option exercise, net of offering costs 1,406,250 14,063 22,175,132”
