Use of proceeds for note exchange
Company: WhiteFiber
The claim, verbatim
Approximately $118.5 million of net proceeds allocated to pay cash consideration for concurrent note exchange transactions
Source (primary)
WhiteFiber Announces Pricing of Upsized $270.0 Million Convertible Senior Notes Offering - TradingView (-, news_article)
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Quote: “The Company intends to use (i) approximately $118.5 million of the net proceeds from the offering to pay the cash consideration for the concurrent note exchange transactions”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms WhiteFiber Announces Pricing of Upsized $270.0 Million Convertible Senior Notes Offering - TradingView
Quote: “The Company intends to use (i) approximately $118.5 million of the net proceeds from the offering to pay the cash consideration for the concurrent note exchange transactions”