---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-007740"
form_type: "8-K"
ticker: "WYFI"
cik: "0002042022"
company_name: "WhiteFiber, Inc."
filed_at: "2026-01-26T23:59:59+00:00"
generated_at: "2026-05-16T08:08:52.763081+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WhiteFiber closes $230M 4.5% convertible notes due 2031; net proceeds ~$221.5M

## Summary
- Completed $230M aggregate principal of 4.500% Convertible Senior Notes due Feb 2031; initial conversion price ~$25.91 per share (27.5% premium).
- Net proceeds of ~$221.5M; used $120M for zero-strike call option, remainder for data center expansion and general corporate purposes.
- Notes are senior unsecured, redeemable at company option from Feb 2029 under certain conditions, subject to $75M minimum outstanding.
- Holders may require repurchase at 100% upon fundamental change; conversion settlement in cash, shares, or combination at company's election.
- Offering upsized from initial $200M to $230M including full exercise of greenshoe option.

## SEC filing metadata
- accession: 0001213900-26-007740
- form_type: 8-K
- ticker: WYFI
- cik: 0002042022
- company_name: WhiteFiber, Inc.
- filed_at: 2026-01-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2042022/000121390026007740/0001213900-26-007740-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2042022/000121390026007740/ea0274024-8k_white.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-007740
- JSON: https://secwatch.observer/filing/0001213900-26-007740.json
- Plain text: https://secwatch.observer/filing/0001213900-26-007740.txt

## Key facts
- Material Agreements
  WhiteFiber, Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $230.0 million aggregate principal amount of 4.500% Convertible Senior Notes due 2031 (effective 2026-01-26).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $230.0 million aggregate principal amount of 4.500% Convertible Senior Notes due 2031
  - Effective: 2026-01-26
  source text: On January 26, 2026, WhiteFiber, Inc. (the “ Company ”) completed its previously announced private offering (the “ Offering ”) of $230.0 million aggregate principal amount of its 4.500% Convertible Senior Notes due 2031 (the “ Notes ”), including the exercise in full of the initial purchasers’ option to purchase an additional $20.0 million aggregate principal amount of Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2042022/000121390026007740/0001213900-26-007740-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.