secwatch.observer — SEC 8-K summary
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Issuer:     WhiteFiber, Inc. (WYFI)
CIK:        0002042022
Form:       8-K
Filed at:   2025-08-08T23:59:59+00:00
Accession:  0001213900-25-073717
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 3.02, 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WhiteFiber prices upsized IPO at $17/share, raises $159.4M; Bit Digital holds 74.3%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2042022/000121390025073717/0001213900-25-073717-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2042022/000121390025073717/ea0252391-8k_whitefiber.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-073717

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer