Remaining proceeds to be used for data center expansion
Company: WhiteFiber
The claim, verbatim
Remaining net proceeds expected to be used primarily for data center expansion, including leasing or purchasing property for additional WhiteFiber data centers, constructing facilities, energy service agreements, equipment, and potential acquisitions and partnerships
Source (primary)
WhiteFiber 8-K filed 2026-01-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The remaining net proceeds from the Offering are expected to be used primarily for data center expansion, including to partially fund the lease or purchase of additional property or properties on which to build additional WhiteFiber data centers, to construct those facilities, to enter into additional energy service agreements for each additional site, to purchase related equipment, and for potential acquisitions, partnerships and joint ventures related thereto”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The filing's use-of-proceeds paragraph lists each element of the claim.
Confirmed in the source:
- Remaining net proceeds are expected to be used primarily for data center expansion
- Intended uses include partially funding the lease or purchase of additional property on which to build additional WhiteFiber data centers
- Intended uses include constructing those facilities, entering into additional energy service agreements for each additional site, and purchasing related equipment
- Intended uses include potential acquisitions, partnerships and joint ventures related to that expansion
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/2042022/000121390026007740/ea0274024-8k_white.htm) in full (20,064 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WhiteFiber 8-K filed 2026-01-26
Quote: “The remaining net proceeds from the Offering are expected to be used primarily for data center expansion, including to partially fund the lease or purchase of additional property or properties on which to build additional WhiteFiber data centers, to construct those facilities, to enter into additional energy service agreements for each additional site, to purchase related equipment, and for potential acquisitions, partnerships and joint ventures related thereto”