secwatch.observer — SEC 8-K summary
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Issuer:     Hyperscale Data, Inc. (GPUS)
CIK:        0000896493
Form:       8-K
Filed at:   2023-05-16T23:59:59+00:00
Accession:  0001214659-23-007320
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896493/000121465923007320/0001214659-23-007320-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896493/000121465923007320/b5162308k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-007320

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