{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-23-011419","form_type":"8-K/A","ticker":"GPUS","cik":"0000896493","company_name":"Hyperscale Data, Inc.","filed_at":"2023-08-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.955960+00:00","generated_at":"2026-06-11T09:03:33.803712+00:00","sec_items":["1.01","2.03","3.02","3.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Ault Alliance assigns $10.5M Exchange Notes to related party A&C, issues demand note","bullets":["Amended 8-K filed Aug 16, 2023 to disclose A&R Assignment effective Aug 3, 2023.","Ault Alliance assigned two 10% Secured OID Notes ($10,544,832 aggregate) to Ault & Company (related party).","As consideration, Ault Alliance issued a 10% demand promissory note for the same $10,544,832 to A&C.","Ault Alliance also guaranteed A&C's obligations under the Exchange Notes via a separate guaranty.","Milton C. Ault, III (Executive Chairman) executed a similar guarantee; this is a related-party transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-23-011419","json":"https://secwatch.observer/filing/0001214659-23-011419.json","markdown":"https://secwatch.observer/filing/0001214659-23-011419.md","text":"https://secwatch.observer/filing/0001214659-23-011419.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/896493/000121465923011419/0001214659-23-011419-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/896493/000121465923011419/b8162308ka1.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T09:03:33.803712+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":"39d1773ca389d3844e39ece9288a29e3d9adf904","claim":"Hyperscale Data, Inc. incurred guarantee with A&C and the Investors.","evidence_excerpt":"the Company signed a guaranty dated July 28, 2023 but effective as of August 3, 2023, guaranteeing the full payment of A&C’s obligations under the Exchange Notes","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465923011419/0001214659-23-011419-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"guarantee"},{"label":"Counterparty","value":"A&C and the Investors"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"87b98882e7cb2f46f4f6b33755bb6c46a7200846","claim":"Hyperscale Data, Inc. incurred senior notes of $10,544,832 with institutional investors at 10% Secured OID Promissory Notes.","evidence_excerpt":"each with a principal face amount of $5,272,416 as of July 28, 2023 for an aggregate of amount owed of $10,544,832 (the “ Principal Amount ”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465923011419/0001214659-23-011419-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$10,544,832"},{"label":"Counterparty","value":"institutional investors"},{"label":"Rate","value":"10% Secured OID Promissory Notes"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"08bff4db32cc9c89adcebd9920dc9d7b28556020","claim":"Hyperscale Data, Inc. entered into Exchange Agreement with the Investors (effective 2023-07-28).","evidence_excerpt":"The Company and the Investors entered into an Exchange Agreement (the “ Exchange Agreement ”) dated July 28, 2023 but effective as of August 3, 2023","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465923011419/0001214659-23-011419-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"the Investors"},{"label":"Effective","value":"2023-07-28"}],"fact_type":"material_agreement"},{"claim_id":"14e9514f7889a1f409d96bf2729127d11afb5ad9","claim":"Hyperscale Data, Inc. entered into A&R Assignment with A&C (effective 2023-08-10).","evidence_excerpt":"The Company and A&C entered into the A&R Assignment dated August 10, 2023 but effective as of August 3, 2023, whereby the Company assigned the Exchange Notes to A&C","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465923011419/0001214659-23-011419-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"A&C"},{"label":"Effective","value":"2023-08-10"}],"fact_type":"material_agreement"},{"claim_id":"50943782b7804f3663213678fdfe79745488da99","claim":"Hyperscale Data, Inc. entered into Guaranty with A&C and the Investors (effective 2023-07-28).","evidence_excerpt":"the Company signed a guaranty dated July 28, 2023 but effective as of August 3, 2023, guaranteeing the full payment of A&C’s obligations under the Exchange Notes (the “ Guaranty ”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465923011419/0001214659-23-011419-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"A&C and the Investors"},{"label":"Effective","value":"2023-07-28"}],"fact_type":"material_agreement"},{"claim_id":"c3be96cd9121dc4bc0f10abbcacd3f164ab272c1","claim":"Hyperscale Data, Inc. entered into Exchange Notes with the Investors valued at aggregate of amount owed of $10,544,832 (effective 2023-07-28).","evidence_excerpt":"for two new 10% Secured OID Promissory Notes (the “ Exchange Notes ”), each with a principal face amount of $5,272,416 as of July 28, 2023 for an aggregate of amount owed of $10,544,832","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465923011419/0001214659-23-011419-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"the Investors"},{"label":"Value","value":"aggregate of amount owed of $10,544,832"},{"label":"Effective","value":"2023-07-28"}],"fact_type":"material_agreement"},{"claim_id":"f7808edde90694b0e9d7e77781fa6c3d576831f3","claim":"Hyperscale Data, Inc. entered into Purchase Agreement with certain institutional investors (effective 2023-03-28).","evidence_excerpt":"the Company entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain institutional investors (the “ Investors ”), pursuant to which the Company agreed to issue and sell, in a private placement (the “ Offering ”), an aggregate of 100,000 shares of its preferred stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465923011419/0001214659-23-011419-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain institutional investors"},{"label":"Effective","value":"2023-03-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}