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Planned use of convertible note proceeds

Company: WhiteFiber

Subject kind
financing
Statement date
2026-08-19
Current status
stated

The claim, verbatim

WhiteFiber plans to use the funds for new data centers, power agreements, GPU servers, and potential acquisitions and partnerships

Source (primary)

WYFI Stock Crashed More Than 22% In Pre-Market Today – What’s The Latest On Its Convertible Note Offering? - Yahoo Finance (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “WhiteFiber plans to use the funds for new data centers, power agreements, GPU servers, and potential acquisitions and partnerships”

How we checked this

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/wyfi-stock-crashed-more-22-132625981.html) in full (9,637 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms WYFI Stock Crashed More Than 22% In Pre-Market Today – What’s The Latest On Its Convertible Note Offering? - Yahoo Finance

Quote: “WhiteFiber plans to use the funds for new data centers, power agreements, GPU servers, and potential acquisitions and partnerships”

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