---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-007320"
form_type: "8-K"
ticker: "GPUS"
cik: "0000896493"
company_name: "Hyperscale Data, Inc."
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-15T00:22:46.250046+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ault Alliance stockholders approve 1:300 reverse stock split; authorized share increase fails

## Summary
- Reverse stock split ratio of 1:300 approved; effective in Delaware May 17, 2023; shares reduced from 415.7M to ~1.39M.
- Common stock trades split-adjusted on NYSE American from May 18, 2023 under new CUSIP 09175M408.
- Proposal to increase authorized shares from 500M to 1B was not approved by stockholders.
- No fractional shares issued; holders receive cash; Computershare is exchange agent.
- Options, warrants, and similar instruments proportionally adjusted; par value remains $0.001 per share.

## SEC filing metadata
- accession: 0001214659-23-007320
- form_type: 8-K
- ticker: GPUS
- cik: 0000896493
- company_name: Hyperscale Data, Inc.
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896493/000121465923007320/0001214659-23-007320-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896493/000121465923007320/b5162308k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-007320
- JSON: https://secwatch.observer/filing/0001214659-23-007320.json
- Plain text: https://secwatch.observer/filing/0001214659-23-007320.txt

## Key facts
- Governance Changes
  Hyperscale Data, Inc.: Amendment to Certificate of Incorporation to effect a one-for-three hundred reverse stock split of Class A common stock, reducing outstanding shares proportionally (effective 2023-05-17).
  - Change: charter amendment
  - Effective: 2023-05-17
  source text: On May 15, 2023, pursuant to the approval provided by the stockholders of Ault Alliance, Inc. (the “ Company ”) at a special meeting of such stockholders of even date therewith (the “ Meeting ”), the Company’s Board of Directors approved an amendment to the Company’s Certificate of Incorporation (the “ Amendment ”) to effectuate a reverse stock split of the Company’s Class A common stock, $0.001 par value (“ Common Stock ”) affecting both the authorized and issued and outstanding number of such shares by a ratio of one-for-three hundred (the “ Reverse Stock Split ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/896493/000121465923007320/0001214659-23-007320-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.