Hyperscale Data, Inc. Files S-1/A Amendment No. 3

TL;DR

Hyperscale Data (fka Ault Alliance) filed S-1/A #3, still prepping for IPO.

AI Summary

Hyperscale Data, Inc. (formerly Ault Alliance, Inc.) filed an S-1/A amendment on January 13, 2025, for its registration statement. The company, incorporated in Delaware with its principal executive offices in Las Vegas, Nevada, is amending its filing related to the Securities Act of 1933. This amendment, designated as Amendment No. 3, continues the registration process for securities.

Why It Matters

This filing indicates Hyperscale Data, Inc. is actively moving forward with its public offering process, which could lead to new investment opportunities and increased market visibility for the company.

Risk Assessment

Risk Level: medium — As an S-1/A filing, it represents a company in the process of going public, which inherently carries risks associated with market reception and operational execution.

Key Numbers

• 333-281109 — SEC File Number (Identifies the specific registration filing with the SEC.)
• Amendment No. 3 — Amendment Number (Indicates this is the third revision to the original S-1 filing.)

Key Players & Entities

• Hyperscale Data, Inc. (company) — Filer
• Ault Alliance, Inc. (company) — Former company name
• January 13, 2025 (date) — Filing date of amendment
• 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
• $37.5 million — at our direction, up to an aggregate of $37.5 million of shares of Series D Preferred Stock (
• $115,000 — al costs and the costs of engagement of $115,000 as a “qualified independent under
• $700,000 — in compliance with FINRA Rule 5121, and $700,000 in original interest discounts under th
• $24.05 — tock, as reported by NYSE American, was $24.05 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

Filing Documents

• z1216243s1a3.htm (S-1/A) — 864KB
• ex5_1.htm (EX-5.1) — 13KB
• ex10_40.htm (EX-10.40) — 34KB
• ex10_41.htm (EX-10.41) — 20KB
• ex21_1.htm (EX-21.1) — 12KB
• ex23_1.htm (EX-23.1) — 3KB
• ex23_2.htm (EX-23.2) — 5KB
• bdologo2.jpg (GRAPHIC) — 7KB
• bdotex.jpg (GRAPHIC) — 13KB
• ex10_41pg4.jpg (GRAPHIC) — 132KB
• hdorgchart.jpg (GRAPHIC) — 101KB
• olshan_footer.jpg (GRAPHIC) — 5KB
• olshanaddress_header.jpg (GRAPHIC) — 10KB
• olshanlogo_header.jpg (GRAPHIC) — 7KB
• olshanwebaddy_footer.jpg (GRAPHIC) — 6KB
• filename17.htm (CORRESP) — 7KB
• 0001214659-25-000524.txt ( ) — 1347KB

RISK FACTORS

RISK FACTORS 22 COMMITTED EQUITY FINANCING 51

USE OF PROCEEDS

USE OF PROCEEDS 55 DESCRIPTION OF THE SERIES D PREFERRED STOCK 56

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 64 SELLING STOCKHOLDER 67 PLAN OF DISTRIBUTION (CONFLICTS OF INTEREST) 68 LEGAL MATTERS 71 EXPERTS 71 INFORMATION INCORPORATED BY REFERENCE 71 WHERE YOU CAN FIND MORE INFORMATION 72 i ABOUT THIS PROSPECTUS This prospectus is part of a Registration Statement on Form S-1 that we filed with the SEC. The Selling Stockholder may, from time to time, sell up to 1,500,000 shares of our Series 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 with respect to such offering. If there is

View Full Filing

View this S-1/A filing on SEC EDGAR