WhiteFiber Launches IPO on Nasdaq

July 29, 2025
WhiteFiber has announced the launch of its initial public offering, offering 7,812,500 shares priced between $15.00 and $17.00 each, according to a press release.

WhiteFiber has announced the launch of its initial public offering (IPO) of 7,812,500 ordinary shares, with an expected price range of $15.00 to $17.00 per share, announced in a press release. The company has applied to list its shares on The Nasdaq Capital Market under the symbol "WYFI."

WhiteFiber, a provider of AI infrastructure solutions, is being carved out of Bit Digital, Inc. and will operate as a separate public company upon the completion of this offering. The IPO will be managed by B. Riley Securities and Needham & Company, among others.

The company has also granted underwriters a 30-day option to purchase up to an additional 1,171,875 ordinary shares at the IPO price, less underwriting discounts and commissions. The offering will be made solely by means of a prospectus, and a registration statement has been filed with the SEC but is not yet effective.

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