Even more brutal for $WYFI holders. “WhiteFiber Announces Closing of Upsized $310.0 Million Convertible Senior Notes Offering.” Started at $250 million, upsized to $270 million, closed at $310 million with the full option exercised. Second raise this year, at a higher coupon than January, and roughly $118 million of it went straight to paying off those January notes. Ouch…
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