---
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"
generated_at: "2026-06-14T01:42:31.075421+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ault Alliance enters $10M credit facility with affiliate Ault & Co. at 9.5% interest

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-008502
- JSON: https://secwatch.observer/filing/0001214659-23-008502.json
- Plain text: https://secwatch.observer/filing/0001214659-23-008502.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: up to $10,000,000
  - Counterparty: Ault & Company, Inc.
  - Rate: 9.5% per annum
  - Maturity: due within five business days after request by A&C
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/896493/000121465923008502/0001214659-23-008502-index.htm
- Material Agreements
  Hyperscale Data, Inc. entered into Credit Agreement with Ault & Company, Inc. valued at $10,000,000 (effective 2023-06-08).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Ault & Company, Inc.
  - Value: $10,000,000
  - Effective: 2023-06-08
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/896493/000121465923008502/0001214659-23-008502-index.htm

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