other_material
confidence high
sentiment positive
materiality 0.55
WhiteFiber underwriters fully exercise over-allotment option, raising additional $23.9M
WhiteFiber, Inc.
- Underwriters purchased 1,406,250 additional ordinary shares at $17.00 per share.
- Total gross proceeds from IPO now ~$183.3M on 10,781,250 shares sold.
- Additional proceeds of ~$23.9M; closing expected September 4, 2025.
- B. Riley Securities and Needham & Company acted as joint book-running managers.
- Ordinary shares trade on Nasdaq under symbol WYFI.
item 8.01item 9.01