WhiteFiber Inc. Announces Public Filing for Proposed Initial Public Offering
WhiteFiber has announced its public filing of a registration statement on Form S-1 with the SEC for a proposed Initial Public Offering (IPO). The company plans to list its ordinary shares on the Nasdaq Capital Market under the symbol "WYFI."
B. Riley Securities and Needham & Company will serve as joint-bookrunning managers for the offering. The specific details regarding the number of shares and price range are yet to be determined, and the offering remains subject to market conditions and SEC review.
WhiteFiber ha annunciato il deposito pubblico di una dichiarazione di registrazione sul modulo S-1 presso la SEC per una proposta Offerta Pubblica Iniziale (IPO). La società intende quotare le proprie azioni ordinarie sul Nasdaq Capital Market con il simbolo "WYFI".
B. Riley Securities e Needham & Company agiranno come co-manager principali dell'offerta. I dettagli specifici riguardanti il numero di azioni e la fascia di prezzo devono ancora essere definiti, e l'offerta è soggetta alle condizioni di mercato e alla revisione della SEC.
WhiteFiber ha anunciado la presentación pública de una declaración de registro en el formulario S-1 ante la SEC para una propuesta Oferta Pública Inicial (IPO). La empresa planea listar sus acciones ordinarias en el Nasdaq Capital Market bajo el símbolo "WYFI".
B. Riley Securities y Needham & Company actuarán como gestores principales conjuntos de la oferta. Los detalles específicos sobre la cantidad de acciones y el rango de precios aún están por determinarse, y la oferta está sujeta a las condiciones del mercado y la revisión de la SEC.
WhiteFiber는 제안된 기업공개(IPO)를 위해 SEC에 S-1 양식의 등록 신청서를 공개 제출했다고 발표했습니다. 회사는 보통주를 나스닥 캐피탈 마켓에 "WYFI"라는 심볼로 상장할 계획입니다.
B. Riley Securities와 Needham & Company가 공동 대표 주관사로 참여합니다. 주식 수와 가격 범위에 대한 구체적인 내용은 아직 결정되지 않았으며, 이번 공모는 시장 상황과 SEC의 검토를 조건으로 합니다.
WhiteFiber a annoncé le dépôt public d'une déclaration d'enregistrement sur le formulaire S-1 auprès de la SEC pour une offre publique initiale (IPO) proposée. La société prévoit de faire coter ses actions ordinaires sur le Nasdaq Capital Market sous le symbole "WYFI".
B. Riley Securities et Needham & Company agiront en tant que gestionnaires principaux conjoints de l'offre. Les détails spécifiques concernant le nombre d'actions et la fourchette de prix restent à déterminer, et l'offre est soumise aux conditions du marché et à l'examen de la SEC.
WhiteFiber hat die öffentliche Einreichung einer Registrierungserklärung auf Formular S-1 bei der SEC für einen geplanten Börsengang (IPO) bekanntgegeben. Das Unternehmen plant, seine Stammaktien an der Nasdaq Capital Market unter dem Symbol "WYFI" zu notieren.
B. Riley Securities und Needham & Company werden als gemeinsame Hauptbuchführer für das Angebot fungieren. Die genauen Details bezüglich der Anzahl der Aktien und der Preisspanne stehen noch aus, und das Angebot unterliegt den Marktbedingungen sowie der Prüfung durch die SEC.
- Planned listing on major exchange (Nasdaq Capital Market)
- Engagement of established investment banks as joint-bookrunning managers
- Share offering details (price and number of shares) not yet determined
- IPO subject to market conditions and SEC review completion
Insights
WhiteFiber filed S-1 for Nasdaq IPO under 'WYFI' with B. Riley and Needham as underwriters.
WhiteFiber has taken a significant step toward becoming a publicly traded company by publicly filing its S-1 registration statement with the SEC. This preliminary filing marks the formal beginning of the IPO process, though the company has not yet determined the number of shares or price range for the offering.
The company plans to list on The Nasdaq Capital Market under the ticker symbol "WYFI", which suggests this is likely a smaller-cap offering given the specific Nasdaq tier selected. The Capital Market typically hosts companies with relatively lower market capitalization compared to those on the Nasdaq Global Select or Global Market tiers.
For this offering, WhiteFiber has engaged B. Riley Securities and Needham & Company as joint-bookrunning managers. Both are mid-tier investment banks with solid reputations in technology sector IPOs, which may provide some insight into WhiteFiber's industry positioning.
The S-1 filing is still subject to SEC review, meaning the IPO is likely several months away from actual execution. The standard SEC review process typically takes 2-3 months, and market conditions will ultimately determine if and when the offering proceeds.
Notably absent from this announcement are any details about WhiteFiber's business model, financial performance, growth metrics, or use of proceeds from the offering. Interested investors will need to access the S-1 document itself to perform proper due diligence on this potential investment opportunity.
The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is subject to market and other conditions and the completion of the SEC's review process. WhiteFiber intends to list its ordinary shares on The Nasdaq Capital Market under the symbol "WYFI."
B. Riley Securities and Needham & Company are acting as the joint-bookrunning managers for the proposed offering.
The proposed offering of these securities will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the proposed initial public offering may be obtained from: B. Riley Securities, 1300 17th Street North, Suite 1300,
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
This press release is being made pursuant to, and in accordance with, Rule 134 under the Securities Act of 1933, as amended (the "Securities Act"). This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act and other applicable securities laws.
About WhiteFiber
WhiteFiber is a leading provider of artificial intelligence ("AI") infrastructure solutions. WhiteFiber owns high-performance computing data centers and provides cloud services to customers. Our vertically integrated model combines specialized colocation, hosting, and cloud services engineered to maximize performance, efficiency, and margin for generative AI workloads. In connection with this offering, WhiteFiber is being carved out of Bit Digital, Inc. and will operate as a separate public company upon the completion of this offering.
Investor Contact:
ir@bit-digital.com
Media Contact:
Jo Anne McCusker
JAM Strategic Communications
joanne@jam-comms.com
(917) 740-9499
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SOURCE WhiteFiber
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