🔴 WhiteFiber is trading 18.52% down in pre-market after announcing proposed $250 million convertible senior-notes offering

WhiteFiber is trading 18.52% down in pre-market at $22.06 after announcing a proposed $250 million convertible senior-notes offering.

• Announced August 18, 2026, the financing includes an option for an additional $37.5 million.
• The financing raised dilution concerns and coincided with a sharp after-hours selloff.
• Broader pressure on AI-infrastructure and technology shares from higher Treasury yields may be adding to the decline, but the financing announcement remains the clearest catalyst.