New York, NY (8/8/25) — Davidoff Hutcher & Citron LLP represented WhiteFiber, Inc (Nasdaq: WYFI) in its Initial Public Offering (IPO).  WhiteFiber is a leading provider of artificial intelligence (AI) infrastructure solutions.  The Company owns high performance computing (HPC) data centers and provides cloud-based HPC graphic processing units (GPU) services.  WhiteFiber was spun off as a separate public company from our client Bit Digital, Inc. (Nasdaq: BTBT) which continues to own 71.5% of the equity of WhiteFiber.

The offering of Ordinary Shares, at an IPO price of $17.00 per share, for gross proceeds of approximately $183 million began trading on Nasdaq on August 7, 2025 and closed on August 8, 2025.

For further information contact Elliot Lutzker, Chair of our Corporate and Securities Department.