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WhiteFiber Announces Closing of Upsized Initial Public Offering
Prnewswire· 2025-08-08 20:05
Company Overview - WhiteFiber, Inc. is a provider of artificial intelligence (AI) infrastructure solutions, owning high-performance computing data centers and offering cloud services to customers [5] - The company operates a vertically integrated model that combines specialized colocation, hosting, and cloud services designed to maximize performance, efficiency, and margin for generative AI workloads [5] - WhiteFiber is being carved out of Bit Digital, Inc. and will function as a separate public company following the completion of its initial public offering [5] Initial Public Offering (IPO) Details - WhiteFiber announced the closing of its upsized initial public offering of 9,375,000 ordinary shares at a public offering price of $17.00 per share [1] - The company received aggregate gross proceeds of $159.4 million from the IPO, before deducting underwriting discounts and commissions and offering expenses [1] - The ordinary shares began trading on The Nasdaq Capital Market under the symbol "WYFI" on August 7, 2025 [1] - WhiteFiber granted underwriters a 30-day option to purchase up to an additional 1,406,250 ordinary shares at the initial public offering price, less underwriting discounts and commissions [1] Underwriters and Management - B. Riley Securities and Needham & Company acted as the joint book-running managers for the offering, with Macquarie Capital also serving as a book-runner [2] - Roth Capital Partners acted as the lead manager, while Craig-Hallum and Clear Street served as co-managers for the offering [2] Regulatory Information - A registration statement relating to these securities was filed with the SEC and declared effective on August 6, 2025 [3] - The offering was made solely by means of a prospectus, with copies available from the respective underwriters [3]
Junee Limited Announces Completion of Corporate Name Change to SuperX AI Technology Limited and Commencement of Trading Under New Ticker Symbol "SUPX"
Prnewswire· 2025-06-02 13:34
Group 1 - The company has completed its corporate name change and rebranding to SuperX AI Technology Limited, with shares now trading under the ticker symbol "SUPX" on the Nasdaq Capital Market [1][3] - The rebranding signifies a strategic transformation towards becoming a one-stop provider of AI infrastructure solutions, focusing on integrated systems for enterprise AI deployment globally [2][4] - The executive director emphasized that the new name aligns with the company's long-term vision to empower developers, enterprises, and research institutions with scalable and high-performance infrastructure for the AI era [3] Group 2 - SuperX AI Technology Limited aims to lead in developing next-generation digital infrastructure solutions, integrating smart technology into its offerings [4]
Junee Limited to Rebrand as SuperX AI Technology Limited, Positioning itself as a One-Stop AI Infrastructure Solutions Provider
Prnewswire· 2025-05-28 12:37
Group 1 - The company Junee Limited will change its name to SuperX AI Technology Limited and shift its business focus to becoming a one-stop AI infrastructure solutions provider, effective June 2, 2025 [1][3] - The new ticker symbol for the company will be "SUPX" following the name change [1] - The rebranding reflects a strategic transformation aimed at delivering end-to-end infrastructure for AI applications, including compute, model hosting, data pipelines, and system-level orchestration [2][3] Group 2 - SuperX aims to empower enterprises and developers with unified and scalable solutions necessary for building, deploying, and operating AI applications at scale [2] - The executive director of the company emphasized that AI infrastructure is seen as the foundation of future productivity, highlighting a commitment to integrated and reliable solutions [3] - Junee Limited, through its subsidiaries, aims to become a leading technology company focused on next-generation digital infrastructure solutions, integrating smart technology into its offerings [4]