Bit Digital’s WhiteFiber files registration statement for proposed IPO

Bit Digital (BTBT) announced that its wholly-owned HPC subsidiary, WhiteFiber, has publicly filed a registration statement on Form S-1 with the U.S. SEC relating to the proposed initial public offering of WhiteFiber’s ordinary shares. 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.