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WhiteFiber closed an upsized $310.0 million private placement of 5.00% convertible senior notes due 2032 on August 21, 2026, including the initial purchasers' full exercise of a $40.0 million option, the company announced. The AI infrastructure provider received approximately $298.5 million in net proceeds, of which roughly $118.5 million went to fund a concurrent exchange of its existing convertible debt, leaving about $180 million earmarked primarily for data center expansion. The notes carry…
<p>WhiteFiber, the AI infrastructure and high-performance computing provider, said on August 18, 2026 that it intends to raise $250 million through a private placement of convertible senior note [...]