WhiteFiber, Inc. filed a Form 8-K on November 3, 2026, disclosing the October 28, 2026 completion of its acquisition of industrial real property in Yadkin County, North Carolina from Unifi Manufacturing, Inc. for $60.0 million in cash.

Key Highlights

  • Purchase price: $60.0 million in cash, with a $2.25 million earnest money deposit previously held in escrow applied toward the total at closing.
  • Buyer entity: The acquisition was completed through WhiteFiber's wholly owned subsidiary, Enovum Data Centers Corp., a Canadian corporation.
  • Seller: Unifi Manufacturing, Inc., a wholly owned subsidiary of Unifi, Inc., sold the industrial/manufacturing building spaces and surrounding land.
  • 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, representing a potential combined maximum of up to 198 megawatts.
  • Indemnification cap: UMI's indemnification obligation for representation and warranty breaches is capped at three percent (3%) of the purchase price, with a deductible threshold of $0.1 million.
  • Post-closing occupancy: UMI retained the right to occupy a portion of the property on a post-closing basis pursuant to occupancy and partial leaseback arrangements.

WhiteFiber Completes Yadkin County Acquisition Through Enovum Data Centers Corp.

According to the filing, WhiteFiber, Inc. (NASDAQ:WYFI), through its wholly owned subsidiary Enovum Data Centers Corp., completed the acquisition of industrial and manufacturing real property in Yadkin County, North Carolina on October 28, 2026. The seller was Unifi Manufacturing, Inc., a wholly owned subsidiary of Unifi, Inc. The transaction was governed by a Real Estate Purchase and Sale Agreement dated August 16, 2026, which had been previously disclosed in a Form 8-K filed on August 17, 2026.

The company disclosed that the aggregate purchase price was $60.0 million in cash, consistent with the terms of the Purchase Agreement as originally disclosed. An earnest money deposit of $2.25 million, previously placed in escrow, was credited toward the purchase price at closing. The filing noted that the Purchase Agreement contains customary representations and warranties surviving for twelve months following closing, and that UMI's indemnification obligation is not triggered until the buyer's losses equal or exceed $0.1 million, at which point UMI is obligated to indemnify up to three percent (3%) of the purchase price.

Regarding power supply, the filing stated that each of the two properties comprising the acquired real estate is expected to receive a minimum of 30 megawatts of gross electrical power, for a combined minimum of 60 megawatts. The filing also noted the potential for up to an additional 69 megawatts per property to become available within seven years of the closing date, representing a potential combined maximum of up to 198 megawatts across the properties, subject in each case to the confirmation process contemplated by the Purchase Agreement. The filing characterized statements about anticipated energy capacity as forward-looking statements subject to known and unknown risks and uncertainties.

What Was Disclosed

WhiteFiber, Inc. reported the October 28, 2026 closing of a $60.0 million cash acquisition of industrial property in Yadkin County, North Carolina from Unifi Manufacturing, Inc., completed through its subsidiary Enovum Data Centers Corp., with UMI retaining post-closing occupancy rights over a portion of the property.