secwatch.observer — SEC 8-K summary
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Issuer:     Hyperscale Data, Inc. (GPUS)
CIK:        0000896493
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001214659-23-007202
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ault Alliance shareholders approve reverse stock split (1:10 to 1:300); reject increase in authorized shares
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- Stockholders approved reverse stock split of Common Stock at board-determined ratio between 1:10 and 1:300, with 318.2M votes for, 85.4M against.
- Proposal to increase authorized Common Stock from 500M to 1B shares was rejected (142.8M for, 78.2M against, 396.8k abstain).
- Board may implement the reverse split any time before May 14, 2024, at its sole discretion.
- Meeting held May 15, 2023; record date April 10, 2023; 415.7M common shares outstanding and entitled to vote.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896493/000121465923007202/0001214659-23-007202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896493/000121465923007202/j5152308k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-007202

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer