Hyperscale Data, Inc. Files 8-K for Bylaw Amendments
Ticker: GPUS-PD · Form: 8-K · Filed: Nov 20, 2024 · CIK: 896493
| Field | Detail |
|---|---|
| Company | Hyperscale Data, INC. (GPUS-PD) |
| Form Type | 8-K |
| Filed Date | Nov 20, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing, financials
Related Tickers: GPUS
TL;DR
Hyperscale Data (GPUS) filed an 8-K for bylaw changes and financials. Formerly Ault Alliance.
AI Summary
Hyperscale Data, Inc. filed an 8-K on November 20, 2024, to report amendments to its Articles of Incorporation or Bylaws and to file financial statements and exhibits. The company, formerly known as Ault Alliance, Inc., BitNile Holdings, Inc., and Ault Global Holdings, Inc., is incorporated in Delaware with its principal business address in Las Vegas, Nevada.
Why It Matters
This filing indicates corporate governance updates and the submission of financial information, which are crucial for investors to understand the company's structure and financial health.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not contain information that inherently increases risk.
Key Players & Entities
- Hyperscale Data, Inc. (company) — Filer
- Ault Alliance, Inc. (company) — Former company name
- BitNile Holdings, Inc. (company) — Former company name
- Ault Global Holdings, Inc. (company) — Former company name
- 20241120 (date) — Filing date
FAQ
What specific amendments were made to Hyperscale Data, Inc.'s Articles of Incorporation or Bylaws?
The filing indicates amendments were made, but the specific details of these amendments are not provided in the provided text.
What financial statements and exhibits are being filed with this 8-K?
The filing states that financial statements and exhibits are being filed, but the specific content of these documents is not detailed in the provided text.
When was Hyperscale Data, Inc. previously known as Ault Alliance, Inc.?
The date of the name change from Ault Alliance, Inc. to Hyperscale Data, Inc. was January 3, 2023.
What is the Standard Industrial Classification (SIC) code for Hyperscale Data, Inc.?
The SIC code for Hyperscale Data, Inc. is 3679, which corresponds to ELECTRONIC COMPONENTS, NEC.
Where is Hyperscale Data, Inc. incorporated?
Hyperscale Data, Inc. is incorporated in Delaware (DE).
Filing Stats: 714 words · 3 min read · ~2 pages · Grade level 12.4 · Accepted 2024-11-20 16:30:25
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value GPUS NYSE American 13.0
Filing Documents
- z11202408k.htm (8-K) — 29KB
- ex3_1.htm (EX-3.1) — 8KB
- 0001214659-24-019428.txt ( ) — 262KB
- gpus-20241120.xsd (EX-101.SCH) — 4KB
- gpus-20241120_def.xml (EX-101.DEF) — 29KB
- gpus-20241120_lab.xml (EX-101.LAB) — 36KB
- gpus-20241120_pre.xml (EX-101.PRE) — 26KB
- z11202408k_htm.xml (XML) — 6KB
03 AMENDMENTS TO ARTICLES OF INCORPORATION; CHANGE IN FISCAL YEAR
ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION; CHANGE IN FISCAL YEAR On October 24, 2024, pursuant to the approval provided by the stockholders of the Company at its annual meeting of stockholders held on June 28, 2024 (the " Annual Meeting "), the Board delegated the authority to determine ratio of the Reverse Stock Split (as defined below) to a special committee of the Board established for that purpose (the " Committee "). On November 8, 2024, the Committee approved an amendment to the Company's Certificate of Incorporation (the " Amendment ") to effectuate a reverse stock split of the Company's Class A common stock, $0.001 par value (" Common Stock ") affecting the issued and outstanding number of such shares by a ratio of one-for-thirty-five (the " Reverse Stock Split "). The Company filed the Amendment to its Certificate of Incorporation with the State of Delaware effectuating the Reverse Stock Split on November 20, 2024. The Reverse Stock Split will become effective in the State of Delaware at 11:59 PM ET on Friday, November 22, 2024. Beginning with the opening of trading on November 25, 2024, the Common Stock will trade on the NYSE American on a split-adjusted basis under a new CUSIP number 09175M 804. As a result of the Reverse Stock Split, each thirty-five shares of Common Stock issued and outstanding prior to the Reverse Stock Split were converted into one (1) share of Common Stock, with no change in authorized shares or par value per share, and the number of shares of Common Stock outstanding was reduced from approximately 38,846,318 shares to approximately 1,109,895 shares. All options, warrants, and any other similar instruments, convertible into, or exchangeable or exercisable for, shares of Common Stock will be proportionally adjusted.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits: Exhibit No. Description 3.1 Certificate of Amendment to Certificate of Incorporation filed with the Delaware Secretary of State on November 20, 2024. 101 Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HYPERSCALE DATA, INC. Dated: November 20, 2024 /s/ Henry Nisser Henry Nisser President and General Counsel