Hyperscale Data Inc. Announces Issuance of Over 8.5 Million Class A Shares Through Convertible Notes and Preferred Stock Conversions

Reuters
02 Jul
Hyperscale Data Inc. Announces Issuance of Over 8.5 Million Class A Shares Through Convertible Notes and Preferred Stock Conversions

Between June 23 and July 1, 2025, Hyperscale Data Inc. conducted several share transactions. The company issued 2,820,792 shares of Class A Common Stock upon conversion of $4,180,525 of outstanding convertible notes. Additionally, between June 24 and July 1, 2025, 3,042,581 shares of Class A Common Stock were issued upon conversion of approximately 3,093.27 shares of Series B Convertible Preferred Stock. Moreover, on June 24, 110 shares of Class A Common Stock were issued upon conversion of an equal number of shares of Class B Common Stock. Between June 26 and July 1, 2025, an additional 2,670,153 shares were issued upon conversion of $2,799,152 of an outstanding convertible note. The transactions were executed relying on exemptions from registration under the Securities Act. As of July 1, 2025, Hyperscale Data Inc. had 15,144,926 shares of Class A Common Stock outstanding. The specific other parties involved in these transactions and the prices per share were not disclosed.

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: 0001214659-25-009906), on July 01, 2025, and is solely responsible for the information contained therein.

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