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WhiteFiber Announces Proposed Private Placement of $200.0 Million of Convertible Senior Notes

On Jan. 21, 2026, WhiteFiber, Inc. announced it intends to offer $200.0 million of Convertible Senior Notes due 2031 in a private placement to qualified institutional buyers.
With proceeds earmarked for data center growth, WhiteFiber will use net proceeds to pay costs of a zero-strike call option transaction and support data center expansion including energy service agreements and working capital.
The deal gives initial purchasers a $30.0 million option to buy more notes, which will be senior unsecured and convertible, with a privately negotiated zero-strike call option to facilitate hedging.
Concurrent with pricing, those market activities could increase or reduce the market price of the ordinary shares and/or the notes, and WhiteFiber will still require additional project financing such as construction loans.
The notes and any ordinary shares issuable upon conversion have not been registered under the Securities Act, and WhiteFiber warned forward-looking statements involve risks and disclaims update obligations.

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WhiteFiber Announces Proposed Private Placement of $200.0 Million of Convertible Senior Notes

NEW YORK, Jan. 21, 2026 /PRNewswire/ -- WhiteFiber, Inc. (Nasdaq: WYFI) ("WhiteFiber" or the "Company"), a provider of artificial intelligence ("AI") infrastructure and high-performance computing ("HPC") solutions, today announced that it intends to offer, subject to market conditions and other…

13 days ago

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