WhiteFiber, Inc. announced the pricing of its upsized initial public offering on August 6, 2025. The company priced 9,375,000 ordinary shares at a public offering price of $17.00 per share. This event established the initial valuation for WhiteFiber as it prepared to enter the public market.
In connection with the offering, WhiteFiber granted the underwriters a 30-day option to purchase up to an additional 1,406,250 ordinary shares at the initial public offering price. The registration statement relating to these securities was filed with the SEC and declared effective on August 6, 2025. This marked a significant regulatory milestone for the company.
The ordinary shares were expected to begin trading on The Nasdaq Capital Market on August 7, 2025, under the symbol 'WYFI'. This pricing event was a crucial step in WhiteFiber's transition to a standalone public company, enabling it to raise capital for its strategic initiatives in AI infrastructure.
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