WhiteFiber Announces Pricing of Upsized Initial Public Offering
Prnewswire·2025-08-06 22:41

Core Viewpoint - WhiteFiber, Inc. has announced the pricing of its upsized initial public offering (IPO) of 9,375,000 ordinary shares at a price of $17.00 per share, with an additional option for underwriters to purchase up to 1,406,250 shares [1][2]. Company Overview - WhiteFiber is a provider of artificial intelligence (AI) infrastructure solutions, owning high-performance computing data centers and offering cloud services. The company operates a vertically integrated model designed to maximize performance, efficiency, and margin for generative AI workloads [6]. IPO Details - The ordinary shares are set to begin trading on The Nasdaq Capital Market under the symbol "WYFI" on August 7, 2025, with the closing of the offering expected on August 8, 2025, pending customary closing conditions [2]. - B. Riley Securities and Needham & Company are the joint book-running managers for the offering, with Macquarie Capital also acting as a book-runner and Roth Capital Partners as the lead manager [3].