secwatch.observer — SEC 8-K summary
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Issuer:     WhiteFiber, Inc. (WYFI)
CIK:        0002042022
Form:       8-K
Filed at:   2025-12-18T23:59:59+00:00
Accession:  0001213900-25-123321
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WhiteFiber signs 10-year, $865M colocation deal with Nscale for 40 MW at NC-1 campus
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- Total contracted revenue ~$865M over 10-year term with 3% annual escalators, excluding electricity passthrough.
- 40 MW IT load deployed in two 20 MW phases; billing for Phase 1 starts April 30, 2026, Phase 2 May 30, 2026.
- NC-1 facility is Tier 3-equivalent, supports up to 150 kW/cabinet with N+1 cooling; targeted PUE ≤1.3.
- WhiteFiber has invested ~$150M equity in site; expects to formalize a credit facility early Q1 2026.
- Nscale gets priority on future capacity; WhiteFiber sees potential to double deployment to 80 MW by end of 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2042022/000121390025123321/0001213900-25-123321-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2042022/000121390025123321/ea0269918-8k_white.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-123321

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