Hyperscale Data Inc. Converts Preferred Stock and Note to Issue Over 1.5 Million Class A Shares in Early July 2025

Reuters
11 Jul
<a href="https://laohu8.com/S/GPUS">Hyperscale Data</a> Inc. Converts Preferred Stock and Note to Issue Over 1.5 Million Class A Shares in Early July 2025

Between July 2 and July 8, 2025, Hyperscale Data Inc. issued 1,117,133 shares of Class A Common Stock following the conversion of approximately 1,130.34 shares of Series B Convertible Preferred Stock, and 183 shares of Class A Common Stock from an equal number of shares of Class B Common Stock. Additionally, on July 9, 2025, the company issued 427,565 shares of Class A Common Stock upon conversion of $440,381 from an outstanding convertible note. The transactions were conducted under exemptions from registration requirements as per the Securities Act. As of July 9, 2025, Hyperscale Data Inc. had 16,689,864 shares of Class A Common Stock outstanding. The document does not specify the other parties involved or the price per share.

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: 0001214659-25-010270), on July 10, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10