4 days ago
WhiteFiber Is Said to Have Raised $159.4 Million in Upsized US IPO
WhiteFiber Inc., an artificial intelligence infrastructure firm, raised $159.4 million in an initial public offering, pricing its shares at the top of a marketed range, according to a person familiar with the matter.
The subsidiary of crypto treasury firm Bit Digital Inc. sold 9.4 million shares Wednesday for $17 each after marketing them for $15 to $17, said the person, who asked not to be identified because the information wasn't public yet.
