Hyperscale Data Reports Unregistered Equity Sales
Ticker: GPUS-PD · Form: 8-K · Filed: Jun 20, 2025 · CIK: 896493
| Field | Detail |
|---|---|
| Company | Hyperscale Data, INC. (GPUS-PD) |
| Form Type | 8-K |
| Filed Date | Jun 20, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: unregistered-securities, equity-sale, filing
TL;DR
Hyperscale Data sold unregistered equity, watch for dilution.
AI Summary
Hyperscale Data, Inc. filed an 8-K on June 20, 2025, reporting unregistered sales of equity securities. The filing also includes financial statements and exhibits. The company, formerly known as Ault Alliance, Inc., BitNile Holdings, Inc., and Ault Global Holdings, Inc., is based in Las Vegas, Nevada.
Why It Matters
This filing indicates potential dilution for existing shareholders due to the issuance of new equity without prior registration with the SEC.
Risk Assessment
Risk Level: medium — Unregistered equity sales can lead to dilution and uncertainty about the terms of the sale.
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
- 20250620 (date) — Filing date
FAQ
What type of equity securities were sold?
The filing states 'Unregistered Sales of Equity Securities' but does not specify the exact type of securities in the provided text.
When was the sale of unregistered equity securities completed?
The filing date is June 20, 2025, and the 'DATE AS OF CHANGE' is also June 20, 2025, suggesting the sale occurred on or around this date.
What is the par value of the common stock?
The par value of the common stock is $0.001.
What is the par value of the Series D Cumulative Redeemable Perpetual Preferred Stock?
The par value of the Series D Cumulative Redeemable Perpetual Preferred Stock is $0.001 per share.
What was Hyperscale Data, Inc. previously named?
Hyperscale Data, Inc. was formerly known as Ault Alliance, Inc., BitNile Holdings, Inc., and Ault Global Holdings, Inc.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on June 20, 2025 regarding Hyperscale Data, Inc. (GPUS-PD).