WhiteFiber plans private placement of $250 million convertible senior notes due 2032

• WhiteFiber launched a private placement of USD 250 million Convertible Senior Notes due 2032, with an option for USD 37.5 million more.
• Total potential issuance size of up to USD 287.5 million, subject to market conditions.
• Proceeds earmarked for cash payments tied to concurrent note exchange transactions, with remaining funds directed to data center expansion.
• Exchange talks involve holders of its 4.5% Convertible Senior Notes due 2031, with cash and ordinary shares as consideration.
• Holders unwinding hedges could sell substantial ordinary shares, creating near-term pressure on the stock price.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WhiteFiber Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608181601PR_NEWS_USPR_____NY29015) on August 18, 2026, and is solely responsible for the information contained therein.