{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-23-008502","form_type":"8-K","ticker":"GPUS","cik":"0000896493","company_name":"Hyperscale Data, Inc.","filed_at":"2023-06-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.712655+00:00","generated_at":"2026-06-14T01:42:31.075421+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ault Alliance enters $10M credit facility with affiliate Ault & Co. at 9.5% interest","bullets":["Unsecured non-revolving credit facility up to $10M; advances due within 5 business days of lender demand.","Interest rate of 9.5% per annum; prepayment permitted without penalty.","Prior $650K loans from A&C are consolidated into this new facility and cancelled.","Lender (Ault & Company) is an affiliate of the company; advances not required after Dec 8, 2023.","Facility documented under a Loan Agreement dated June 8, 2023; proceeds for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-23-008502","json":"https://secwatch.observer/filing/0001214659-23-008502.json","markdown":"https://secwatch.observer/filing/0001214659-23-008502.md","text":"https://secwatch.observer/filing/0001214659-23-008502.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/896493/000121465923008502/0001214659-23-008502-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/896493/000121465923008502/j6132318k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T01:42:31.075421+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ac6fd28e79c4bb1037be84f33e4af6c58f00958e","claim":"Hyperscale Data, Inc. incurred credit facility of up to $10,000,000 with Ault & Company, Inc. at 9.5% per annum maturing due within five business days after request by A&C.","evidence_excerpt":"The Credit Agreement provides for an unsecured, non-revolving credit facility in an aggregate principal amount of up to $10,000,000. All loans under the Credit Agreement (collectively, the “ Advances ”) are due within five business days after request by A&C and A&C is not obligated to make any further Advances under the Credit Agreement after December 8, 2023. Advances under the Credit Agreement bear interest at the rate of 9.5% per annum and may be repaid at any time without penalty or premium.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465923008502/0001214659-23-008502-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to $10,000,000"},{"label":"Counterparty","value":"Ault & Company, Inc."},{"label":"Rate","value":"9.5% per annum"},{"label":"Maturity","value":"due within five business days after request by A&C"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"e4eaaf3366f6edcb2458bf6a02a925ce5b54c9b9","claim":"Hyperscale Data, Inc. entered into Credit Agreement with Ault & Company, Inc. valued at $10,000,000 (effective 2023-06-08).","evidence_excerpt":"On June 8, 2023, Ault Alliance, Inc., a Delaware corporation (the “ Company ”), entered into a Loan Agreement (the “ Credit Agreement ”) with Ault & Company, Inc., a Delaware corporation, as lender (“ A&C ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465923008502/0001214659-23-008502-index.htm","confidence":1.0,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Ault & Company, Inc."},{"label":"Value","value":"$10,000,000"},{"label":"Effective","value":"2023-06-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}