Hyperscale Data Inc. Files S-1/A for IPO

TL;DR

Hyperscale Data (fka Ault Alliance) filed S-1/A for IPO. Get ready.

AI Summary

Hyperscale Data, Inc. (formerly Ault Alliance, Inc.) filed an S-1/A amendment on September 26, 2024, for its initial public offering. The company, incorporated in Delaware, is based in Las Vegas, Nevada, and operates in the Electronic Components sector. This filing is an amendment to a previous registration statement filed under the Securities Act of 1933.

Why It Matters

This S-1/A filing indicates Hyperscale Data, Inc. is moving forward with its public offering, providing potential investors with updated information about its business and financial status.

Risk Assessment

Risk Level: medium — As this is an S-1/A filing for an IPO, the company is still in the process of going public, which inherently carries risks related to market reception and operational execution.

Key Numbers

• 3679 — SIC Code (Industry classification for Electronic Components, NEC)
• 94-1721931 — IRS Number (Employer Identification Number)

Key Players & Entities

• Hyperscale Data, Inc. (company) — Registrant
• Ault Alliance, Inc. (company) — Former name of registrant
• September 26, 2024 (date) — Filing date of S-1/A
• 333-281109 (registration_number) — SEC registration number
• Henry Nisser (person) — Contact person mentioned

FAQ

Key Financial Figures

• $0.001 — le Perpetual Preferred Stock, par value $0.001 per share (“Series D Preferred St
• $25 million — at our direction, up to an aggregate of $25 million of shares of Series D Preferred Stock (
• $500,000 — Amount”) and (ii) an aggregate of $500,000 of shares of our Series D Preferred Sto
• $22.00 — tock, as reported by NYSE American, was $22.00 per share. We are a “smaller re
• $36 million — pany”), a related party, borrowed $36 million and issued secured promissory notes to
• $38.9 million — the lenders in the aggregate amount of $38.9 million (collectively, the “Secured Notes
• $3.5 million — ntee of repayment of the Secured Notes. $3.5 million of cash was paid into the Segregated Ac
• $7 m — the Segregated Account be not less than $7 million, $15 million, $20 million and $27
• $15 m — ed Account be not less than $7 million, $15 million, $20 million and $27.5 million on
• $20 million — not less than $7 million, $15 million, $20 million and $27.5 million on the five-month, ni
• $27.5 million — 7 million, $15 million, $20 million and $27.5 million on the five-month, nine-month, one-year
• $0.3 million — h 31, 2024, we were required to deposit $0.3 million monthly into the Segregated Account, wh
• $0.4 million — Segregated Account, which increases to $0.4 million monthly starting March 31, 2025. Furthe
• $7 million — Segregated Account, (i) up to the first $7 million of net proceeds, if any, from the sale
• $9 million — ings we conduct, which shall not exceed $9 million in the aggregate; and (iv) 25% of the n

Filing Documents

• z925242s1a1.htm (S-1/A) — 855KB
• ex23_1.htm (EX-23.1) — 4KB
• ex23_2.htm (EX-23.2) — 5KB
• ex107.htm (EX-FILING FEES) — 13KB
• hdorgchart.jpg (GRAPHIC) — 128KB
• bdologo2.jpg (GRAPHIC) — 7KB
• bdotex.jpg (GRAPHIC) — 13KB
• filename22.htm (CORRESP) — 23KB
• 0001214659-24-016793.txt ( ) — 1227KB
• ex107_htm.xml (XML) — 4KB

RISK FACTORS

RISK FACTORS 30 COMMITTED EQUITY FINANCING 63

USE OF PROCEEDS

USE OF PROCEEDS 69 DESCRIPTION OF THE SERIES D PREFERRED STOCK 70 SELLING STOCKHOLDER 81 PLAN OF DISTRIBUTION (CONFLICTS OF INTEREST) 83 LEGAL MATTERS 86 EXPERTS 86 INFORMATION INCORPORATED BY REFERENCE 86 WHERE YOU CAN FIND MORE INFORMATION 87 i ABOUT THIS PROSPECTUS This prospectus is part of a Registration D Preferred Stock, as described in this prospectus. We will not receive any proceeds from the sale by the Selling Stockholder of the securities described in this prospectus. You should rely only on the information contained in this prospectus, any supplement to this prospectus or in any free writing prospectus, filed with the SEC. Neither we nor the Selling Stockholder have authorized anyone to provide you with additional information or information different from that contained in this prospectus, or any applicable prospectus supplement or any free writing prospectuses prepared by us or on our behalf and filed with the SEC. We take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. The Selling Stockholder is offering to sell our securities only in jurisdictions where offers and sales are permitted. The information contained in this prospectus is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or any sale of our securities. Our business, financial condition, results of operations and prospects may have changed since that date. We may also file a prospectus supplement or post-effective amendment to the registration statement of which this prospectus forms a part that may contain material information relating to these offerings. The prospectus supplement or post-effective amendment, as the case may be, may add, update or change information contained in this prospectus wi

View Full Filing

View this S-1/A filing on SEC EDGAR