---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-092599"
form_type: "8-K"
ticker: "WYFI"
cik: "0002042022"
company_name: "WhiteFiber, Inc."
filed_at: "2026-08-21T20:08:31+00:00"
generated_at: "2026-08-21T20:09:05.933104+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WhiteFiber closes $310M 5.00% convertible notes; exchanges $198M existing notes

## Summary
- Priced $310M aggregate of 5.00% Convertible Senior Notes due 2032; net proceeds ~$298.5M after discounts/expenses.
- Concurrently exchanged $198.15M of 4.50% Notes due 2031 for ~$118.5M cash and ~6.3M ordinary shares.
- Initial conversion rate 29.5530 shares per $1,000 (price ~$33.84), a ~25% premium over Aug 18 closing price.
- Proceeds primarily fund data center expansion, GPU servers, energy agreements, and working capital.
- After settlement, outstanding Existing Notes expected to fall to ~$31.85M aggregate principal.

## SEC filing metadata
- accession: 0001213900-26-092599
- form_type: 8-K
- ticker: WYFI
- cik: 0002042022
- company_name: WhiteFiber, Inc.
- filed_at: 2026-08-21T20:08:31+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2042022/000121390026092599/0001213900-26-092599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2042022/000121390026092599/ea0302925-8k_white.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-092599
- JSON: https://secwatch.observer/filing/0001213900-26-092599.json
- Plain text: https://secwatch.observer/filing/0001213900-26-092599.txt

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