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WhiteFiber Inc. Files Registration Statement for Initial Public Offering

Strategic Insights

— 1 min read

WhiteFiber Inc., a leading provider of artificial intelligence ("AI") infrastructure solutions, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) in relation to its planned initial public offering (IPO) of ordinary shares. The proposed offering, subject to market and other conditions, is expected to list its 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. WhiteFiber intends to operate as a separate public company upon the completion of this offering, having been carved out of Bit Digital, Inc.

Key Takeaways:

  • WhiteFiber has filed a registration statement on Form S-1 with the SEC for its proposed initial public offering.
  • The number of shares to be offered and the price range for the IPO 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 will act as joint-bookrunning managers for the proposed offering.
  • The proposed offering of securities will be made only by means of a prospectus.
  • WhiteFiber is being carved out of Bit Digital, Inc. and will operate as a separate public company upon completion of the offering.

Statistics:

  • The registration statement has been filed with the SEC.
  • The proposed IPO is subject to market and other conditions.
  • The completion of the SEC's review process is a prerequisite for the IPO.
  • WhiteFiber owns high-performance computing data centers.
  • The company provides cloud services to customers with a vertically integrated model.
  • In 2020, Bit Digital, Inc. (previously name) reported total revenue of $574.8 million.

Sources:

  • WhiteFiber Inc., PRNewswire, "WhiteFiber Inc. Files Registration Statement for Initial Public Offering," July 16, 2025
  • Securities Act of 1933, as amended (the "Securities Act"), Rule 134.

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