other_material
confidence high
sentiment positive
materiality 0.90
WhiteFiber prices upsized IPO at $17/share, raises $159.4M; Bit Digital holds 74.3%
WhiteFiber, Inc.
- IPO of 9,375,000 ordinary shares at $17.00/share; gross proceeds $159.4 million.
- Shares began trading on Nasdaq Capital Market on Aug 7, 2025 under ticker WYFI.
- Prior to IPO, Bit Digital contributed its HPC business for 27,043,749 shares, now owns 74.3% post-IPO.
- Underwriters granted 30-day option to purchase up to an additional 1,406,250 shares.
- IPO was upsized; joint book-runners B. Riley Securities and Needham & Company.
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