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WhiteFiber, Inc. ( (WYFI) ) has issued an update.
WhiteFiber, Inc. recently announced that the underwriters of its initial public offering (IPO) have fully exercised their option to purchase an additional 1,406,250 ordinary shares at $17.00 per share, resulting in additional gross proceeds of approximately $23.9 million. This brings the total shares sold in the IPO to 10,781,250 and the aggregate gross proceeds to approximately $183.3 million. The ordinary shares began trading on The Nasdaq Capital Market on August 7, 2025, under the symbol ‘WYFI’. The exercise of the over-allotment option is expected to close on September 4, 2025, subject to customary closing conditions.
The most recent analyst rating on (WYFI) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on WhiteFiber, Inc. stock, see the WYFI Stock Forecast page.
More about WhiteFiber, Inc.
WhiteFiber is a provider of artificial intelligence (AI) infrastructure solutions, owning high-performance computing data centers and offering cloud services. The company focuses on maximizing performance, efficiency, and margin for generative AI workloads through a vertically integrated model. WhiteFiber was carved out of Bit Digital, Inc. and now operates as a separate public company.
Average Trading Volume: 1,751,542
See more data about WYFI stock on TipRanks’ Stock Analysis page.