Hyperscale Data, Inc. Files 8-K with Bylaw Amendments
Ticker: GPUS-PD · Form: 8-K · Filed: Feb 10, 2025 · CIK: 896493
| Field | Detail |
|---|---|
| Company | Hyperscale Data, INC. (GPUS-PD) |
| Form Type | 8-K |
| Filed Date | Feb 10, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $25,000,000.00, $6.244, $5 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing-update, company-name-change
Related Tickers: GPUS
TL;DR
Hyperscale Data (GPUS) filed an 8-K on 2/10/25 for bylaw changes & exhibits.
AI Summary
Hyperscale Data, Inc. filed an 8-K on February 10, 2025, reporting amendments to its articles of incorporation or bylaws and including financial statements and exhibits. The company, formerly known as Ault Alliance, Inc., BitNile Holdings, Inc., and Ault Global Holdings, Inc., is headquartered in Las Vegas, Nevada.
Why It Matters
This filing indicates potential changes in the company's governance or operational structure, which could impact its strategic direction and shareholder rights.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of amendments and exhibits, not indicating immediate financial distress or significant operational shifts.
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
- February 10, 2025 (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 excerpt. The full filing would contain this information.
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 business address of Hyperscale Data, Inc.?
The business address is 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141.
What is the Standard Industrial Classification (SIC) code for Hyperscale Data, Inc.?
The SIC code is 3679 for ELECTRONIC COMPONENTS, NEC.
What is the fiscal year end for Hyperscale Data, Inc.?
The fiscal year end for Hyperscale Data, Inc. is December 31.
Filing Stats: 761 words · 3 min read · ~3 pages · Grade level 11.9 · Accepted 2025-02-10 17:11:33
Key Financial Figures
- $0.001 — hich registered Class A Common Stock, $0.001 par value GPUS NYSE American 13.0
- $25,000,000.00 — ") for a total purchase price of up to $25,000,000.00. On February 5, 2025, the Company file
- $6.244 — "Voting Floor Price" was amended to be $6.244. Originally, the Voting Floor Price was
- $5 — Originally, the Voting Floor Price was $5.38, which was the closing sale price of
Filing Documents
- z2102508k.htm (8-K) — 30KB
- ex3_1.htm (EX-3.1) — 5KB
- ex31-001.jpg (GRAPHIC) — 42KB
- ex31-002.jpg (GRAPHIC) — 105KB
- 0001214659-25-002345.txt ( ) — 461KB
- gpus-20250210.xsd (EX-101.SCH) — 4KB
- gpus-20250210_def.xml (EX-101.DEF) — 29KB
- gpus-20250210_lab.xml (EX-101.LAB) — 36KB
- gpus-20250210_pre.xml (EX-101.PRE) — 27KB
- z2102508k_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 Certificate of Amendment to Certificate of Designations of Preferences, Rights and Limitations of Series G Convertible Preferred Stock As previously reported on Current Report Form 8-K filed with the Securities and Exchange Commission (the " Commission ") on December 23, 2024, on December 21, 2024 (the " Execution Date "), Hyperscale Data, Inc., a Delaware corporation (the " Company ") entered into a Securities Purchase Agreement with Ault & Company, Inc., a Delaware corporation, pursuant to which the Company agreed to sell to the Purchaser up to 25,000 shares of Series G convertible preferred stock (the " Series G Convertible Preferred Stock "), and warrants to purchase shares of the Company's Class A common stock, par value $0.001 per share (the " Common Stock ") for a total purchase price of up to $25,000,000.00. On February 5, 2025, the Company filed a Certificate of Amendment (the " Certificate ") to the Certificate of Designation of Preferences, Rights and Limitations of the Series G Convertible Preferred Stock (the " COD ") with the Secretary of State of the State of Delaware). The Certificate was approved on February 5, 2025, by an affirmative vote of the holder of the Series G Convertible Preferred Stock outstanding as of such date and by the unanimous affirmative vote of the board of directors of the Company on February 5, 2025. On February 10, 2025, the Company was notified that the Certificate became effective upon filing with the Secretary of State of the State of Delaware. Pursuant to the Certificate, the definition "Voting Floor Price" was amended to be $6.244. Originally, the Voting Floor Price was $5.38, which was the closing sale price of the Common Stock on the trading day immediately preceding the Execution Date. The foregoing description of the Certificate does not purport to be complete and is qualified in its entirety by reference to the full text of the Certificat
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 3.1 Certificate of Amendment 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). -2- 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: February 10, 2025 /s/ Henry Nisser Henry Nisser President and General Counsel -3-