Hyperscale Data Inc. Issues Over 3.4 Million Class A Shares Through Convertible Stock and Notes Transactions

Reuters
21 Jun
Hyperscale Data Inc. Issues Over 3.4 Million Class A Shares Through Convertible Stock and Notes Transactions

Between June 16 and June 20, 2025, Hyperscale Data Inc. issued a total of 3,459,638 shares of Class A Common Stock through the conversion of Series B Convertible Preferred Stock and outstanding convertible notes. Specifically, 1,401,422 shares were issued upon conversion of approximately 2,016.07 shares of Series B Convertible Preferred Stock, and 1,811,216 shares were issued upon conversion of $2,996,479 of outstanding convertible notes. Additionally, 247,000 shares were issued upon conversion of $479,557 of another outstanding convertible note. These transactions were conducted under exemptions from registration requirements of the Securities Act of 1933. As of June 20, 2025, Hyperscale Data Inc. had a total of 6,611,290 shares of Class A Common Stock outstanding.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyperscale Data Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001214659-25-009438), on June 20, 2025, and is solely responsible for the information contained therein.

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