Welcome to our dedicated page for WhiteFiber SEC filings (Ticker: WYFI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for WhiteFiber, Inc. (Nasdaq: WYFI), a Cayman Islands–incorporated provider of artificial intelligence (AI) infrastructure and high-performance computing (HPC) solutions. As an emerging growth company, WhiteFiber files reports that describe its business, risk factors, financial condition, and material events related to its AI data center and cloud operations.
Investors can use WhiteFiber’s SEC filings to understand how the company’s cloud services and colocation services segments contribute to revenue and segment gross profit. Periodic reports such as annual reports on Form 10-K and quarterly reports on Form 10-Q (when available) typically include segment disclosures, cost structures for electricity, data center leases, GPU leases, and other operating items, along with management’s discussion and analysis.
Current reports on Form 8-K offer detail on specific events. For example, WhiteFiber has filed 8-Ks describing its initial public offering and the full exercise of the underwriters’ over-allotment option, the availability of an investor presentation, and a material definitive agreement for a 40 MW colocation arrangement at its NC-1 Facility in Madison, North Carolina. That agreement, entered into through its subsidiary Enovum NC-1 Bidco, covers a 10-year term and represents an expected $865 million in total contracted revenue, with electricity and certain other costs passed through to the customer.
Through this page, users can also review filings that discuss WhiteFiber’s status as an emerging growth company, its incorporation in the Cayman Islands, and its principal executive offices in New York, New York. Real-time updates from EDGAR and AI-powered summaries help explain complex documents, highlight key terms such as segment performance, major contracts, and development milestones, and make it easier to follow WhiteFiber’s regulatory and financial reporting over time.
WhiteFiber, Inc. announced multiple leadership and governance changes effective August 1, 2026. Chief Financial Officer Erke Huang will resign as CFO, Principal Financial Officer, Principal Accounting Officer and director, transitioning to Senior Advisor and non‑voting board observer under an Advisory Services Agreement while retaining previously granted RSUs that may vest based on 2026 performance criteria.
The board appointed Justin Zhu as Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer, with a $450,000 annual salary, a signing bonus of RSUs valued at $100,000, eligibility for annual cash bonuses, and additional performance‑based RSUs, under an employment agreement running through July 31, 2028 plus an indemnification agreement.
Director David Andre resigned, while CEO Sam Tabar joined the board under a director and indemnification agreement. The board also elected independent director Michael Rulf, who will receive $150,000 per year and provide consulting under a professional services agreement, and increased director Pruitt Hall’s annual compensation from $150,000 to $270,000 while terminating his professional services agreement.
WhiteFiber, Inc. reported that CEO Samir Tabar received a grant of 7,079 performance-based restricted stock units (RSUs) under the 2025 Omnibus Equity Incentive Plan. These RSUs immediately vested and converted into 7,079 Ordinary Shares, bringing his direct holdings to 229,166 Ordinary Shares. The vested shares were valued at $38.85 per share, based on the June 30, 2026 closing market price.
WhiteFiber, Inc. CEO Samir Tabar received a grant of 41,982 performance-based RSUs on March 31, 2026 under the 2025 Omnibus Equity Incentive Plan. The RSUs vested immediately when a performance milestone was achieved and converted into 41,982 Ordinary Shares valued at $11.91 per share, bringing his direct holdings to 222,087 Ordinary Shares.
Huang Erke reported acquisition or exercise transactions in this Form 4 filing.
WhiteFiber, Inc. reported that Chief Financial Officer Erke Huang received a grant of 7079 restricted stock units (RSUs) on July 24, 2026 under the 2025 Omnibus Equity Incentive Plan. These performance-based RSUs immediately vested, resulting in the issuance of 7079 Ordinary Shares valued at $38.85 per share, increasing his direct holdings to 203390 Ordinary Shares.
Huang Erke reported acquisition or exercise transactions in this Form 4 filing.
WhiteFiber, Inc. director and Chief Financial Officer Huang Erke received 41,982 performance-based restricted stock units and an equivalent 41,982 Ordinary Shares on March 31, 2026, upon achievement of a performance milestone under the company's 2025 Omnibus Equity Incentive Plan.
The RSUs were granted in an exempt transaction pursuant to Rule 16b-3, vested immediately on the grant date, were valued at $11.91 per share, and Huang now directly holds 196,311 Ordinary Shares plus 41,982 RSUs.
WhiteFiber, Inc. furnished an investor presentation outlining its AI-focused data center and cloud strategy and providing unaudited financials for the quarter ended March 31, 2026. The company positions itself as an integrated AI infrastructure platform with data centers, GPU cloud services and long-duration customer contracts.
For the quarter, total revenues were $21,923,451, compared with $16,767,516 a year earlier, led by cloud services and colocation. Despite higher revenue, WhiteFiber reported a net loss of $12,042,404 versus net income of $1,427,836, driven by significantly higher operating expenses, including $17,770,097 of general and administrative costs and increased depreciation and amortization.
EBITDA for the period was $(2,523,176), and Adjusted EBITDA, which excludes items such as net gains on asset disposals and share-based compensation, was $3,001,474, down from $5,990,096 in the prior-year quarter. The presentation also highlights an approximately $865M 10-year contract for 40 MW of IT load at the NC-1 data center with Nscale and recent cloud services contract wins totaling more than $175M in total contract value.
WhiteFiber, Inc. entered into a delayed draw term loan facility of up to $100 million with Bit Digital Capital, Inc., which can be increased to $150 million upon mutual agreement. The company plans to use this bridge financing for general corporate purposes, including the first phase of its NC-1 high-performance computing data center and other growth initiatives.
The nine‑month facility, extendable by three months, carries interest of 9.5% per year, stepping down to 8% once a 40 megawatt phase I buildout of NC‑1 is substantially complete and at least 80% of that capacity is leased. Loans are advanced with a 3% original issue discount, a 0.50% commitment fee on undrawn capacity, and a minimum 1.1x multiple of invested capital due per advance by maturity.
White Fiber Operating Partnership LP guarantees the loan, secured by equity in Enovum NC‑1 Topco, Inc., with these obligations and related liens released upon permanent project financing. A $20 million portion of an advance has been assigned to B. Riley Securities, Inc. on identical economic terms for a 90‑day term.
WhiteFiber, Inc. entered a five-year agreement to provide AI compute infrastructure for an investment-grade technology customer in the Paris region, using advanced NVIDIA GPU systems. The agreement has total contract value in excess of $160 million over the term.
Service is expected to start in July 2026, subject to final equipment delivery and acceptance milestones. WhiteFiber has secured third-party data center capacity in France and signed a binding term sheet for project-level financing expected to close in June 2026.
The project is expected to be funded through customer prepayments, including 12 months of advance service fees, and project-level financing, implying limited long-term reliance on WhiteFiber’s corporate balance sheet and existing cash resources.
WhiteFiber, Inc. reported strong top-line growth but a sharp swing to loss for the three months ended March 31, 2026. Revenue rose to $21.9 million from $16.8 million a year earlier, driven by higher cloud and colocation services. However, total operating expenses more than doubled to $32.9 million, including higher depreciation and general and administrative costs, leading to an operating loss of $11.0 million versus prior-year operating income of $2.0 million.
Net loss was $12.0 million, compared with net income of $1.4 million in the prior-year quarter, translating to a basic and diluted loss per share of $0.31 versus earnings per share of $0.05. Cash, cash equivalents and restricted cash declined to $80.1 million from $118.3 million at year-end, mainly reflecting heavy capital spending on property, plant and equipment.
Total assets increased to $796.3 million from $651.4 million, supported by growth in construction in progress and deposits for equipment. The company also closed a $230.0 million 4.50% convertible notes offering due 2031, netting about $222.1 million, and used roughly $120.0 million of the proceeds to purchase a zero-strike call option over 5,905,511 ordinary shares. Deferred revenue and other contract liabilities rose to $144.5 million, with remaining performance obligations disclosed at approximately $923.7 million, reflecting multi-year colocation contracts.
WhiteFiber, Inc. Chief Technology Officer Thomas Sanfilippo reported share dispositions tied to tax withholding on vested equity awards. On May 7, 2026, 955 Ordinary Shares at $21.00 per share were delivered to cover tax liabilities from RSU vesting under the 2025 Omnibus Equity Incentive Plan. A prior tax-withholding disposition on February 10, 2026 involved 1,500 shares at $19.31 per share. After the most recent event, he holds 17,320 Ordinary Shares directly, and the filing notes these were not discretionary market transactions.