WhiteFiber, Inc. filed a Form 8-K with the SEC on August 17, 2026, disclosing that its wholly owned subsidiary entered into a Real Estate Purchase and Sale Agreement on August 16, 2026, to acquire industrial property in Yadkin County, North Carolina, for a cash purchase price of $60.0 million.

Key Highlights

  • Purchase price: The agreed cash purchase price for the Yadkin County, North Carolina property is $60.0 million.
  • Earnest money deposit: A $2.25 million deposit will be placed in escrow, of which $1.0 million may become non-refundable if Buyer elects to extend the inspection period.
  • Inspection period deadline: The Inspection Period is scheduled to expire on September 15, 2026, unless extended by the Buyer.
  • Scheduled closing: Closing is set to occur forty-five (45) days after the expiration of the Inspection Period, unless accelerated per the agreement's terms.
  • Power capacity: Each of the two properties is expected to be served with a minimum of 30 megawatts of gross electrical power supply, for a combined minimum of 60 megawatts, with potential for up to an additional 69 megawatts per property within seven years after closing, representing a potential combined maximum of up to 198 megawatts.
  • Indemnification cap: UMI's indemnification obligations for breaches of representations and warranties are capped at 3% of the purchase price, triggered only when Buyer losses equal or exceed $0.1 million.

WhiteFiber's Enovum Subsidiary Agrees to Acquire Yadkin County Industrial Site from Unifi Manufacturing

According to the filing, WhiteFiber, Inc. (NASDAQ:WYFI), acting through its wholly owned subsidiary Enovum Data Centers Corp., a Canadian corporation, entered into a Real Estate Purchase and Sale Agreement with Unifi Manufacturing, Inc. ("UMI"), a wholly owned subsidiary of Unifi, Inc. The agreement, dated August 16, 2026, calls for UMI to sell industrial and manufacturing building spaces along with certain underlying and surrounding land in Yadkin County, North Carolina, for a cash purchase price of $60.0 million.

The filing discloses that closing conditions include confirmation of certain available energy capacity and an energy study verifying potential energy capacity of the transferred property, receipt of applicable governmental and other third-party approvals for separating the transferred property from UMI's remaining property, and the parties' agreement on post-closing occupancy agreements and a partial leaseback of some of the transferred property. The representations and warranties in the Purchase Agreement are stated to survive for twelve months following closing.

The filing notes that the forward-looking statements contained in the Current Report, including anticipated timing and satisfaction of closing conditions, are subject to the company's cautionary language and involve risks and uncertainties. The company stated that "there can be no assurance that the Purchase Agreement will close on the terms or timeline described herein, or at all." The press release announcing the agreement was issued on August 17, 2026, and is attached as Exhibit 99.1 to the filing. The Current Report was signed by Sam Tabar, Chief Executive Officer, on August 17, 2026.

What Was Disclosed

WhiteFiber, Inc. disclosed the execution of a $60.0 million real estate purchase agreement for industrial property in Yadkin County, North Carolina, covering key terms including earnest money, closing conditions, energy capacity expectations, and indemnification limits.