---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-012004"
form_type: "8-K"
ticker: "GPUS"
cik: "0000896493"
company_name: "Hyperscale Data, Inc."
filed_at: "2023-09-01T23:59:59+00:00"
generated_at: "2026-06-11T00:51:54.522830+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ault Alliance commences $48M senior notes offering across three tranches with rates 7%-10.5%

## Summary
- Offers up to $48M aggregate: $8M of 7% notes due 2024, $10M of 8.5% notes due 2026, $30M of 10.5% notes due 2028.
- Notes are senior unsecured obligations, sold on a continuous basis through the monthlyincome.com online platform.
- Maturity dates extendable at company option: 2024 by 3 mo, 2026 by 6 mo, 2028 by 12 mo upon paying a 1% extension fee.
- 2028 notes redeemable at company option after two years; 2024 and 2026 notes not redeemable before maturity.
- Interest paid monthly on the 15th, beginning the month after issuance; minimum purchase $1,000.

## SEC filing metadata
- accession: 0001214659-23-012004
- form_type: 8-K
- ticker: GPUS
- cik: 0000896493
- company_name: Hyperscale Data, Inc.
- filed_at: 2023-09-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896493/000121465923012004/0001214659-23-012004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896493/000121465923012004/d912308k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-012004
- JSON: https://secwatch.observer/filing/0001214659-23-012004.json
- Plain text: https://secwatch.observer/filing/0001214659-23-012004.txt

## Key facts
- Debt Financings
  Hyperscale Data, Inc. incurred senior notes of up to an aggregate principal amount of $48,000,000 of its senior notes, consisting of $8,000,000 principal amount of its at 7.00% per annum, 8.50% per annum, 10.50% per annum maturing December 31, 2024, December 31, 2026, December 31, 2028.
  - Instrument: senior notes
  - Principal: up to an aggregate principal amount of $48,000,000 of its senior notes, consisting of $8,000,000 principal amount of its
  - Rate: 7.00% per annum, 8.50% per annum, 10.50% per annum
  - Maturity: December 31, 2024, December 31, 2026, December 31, 2028
  - Event: incurrence
  source text: On September 1, 2023, Ault Alliance, Inc. (the “Company”) commenced an offering on a continuing basis of up to an aggregate principal amount of $48,000,000 of its senior notes, consisting of $8,000,000 principal amount of its 7.00% senior notes due 2024 (the “2024 Notes”), $10,000,000 principal amount of its 8.50% senior notes due 2026 (the “2026 Notes”) and $30,000,000 principal amount of its 10.50% senior notes due 2028 (the “2028 Notes” and, collectively with the 2024 Notes and the 2026 Notes, the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/896493/000121465923012004/0001214659-23-012004-index.htm
- Material Agreements
  Hyperscale Data, Inc. entered into Notes valued at $48,000,000 (effective 2023-09-01).
  - Action: entry
  - Agreement: notes offering
  - Value: $48,000,000
  - Effective: 2023-09-01
  source text: On September 1, 2023, Ault Alliance, Inc. (the "Company") commenced an offering on a continuing basis of up to an aggregate principal amount of $48,000,000 of its senior notes, consisting of $8,000,000 principal amount of its 7.00% senior notes due 2024 (the "2024 Notes"), $10,000,000 principal amount of its 8.50% senior notes due 2026 (the "2026 Notes") and $30,000,000 principal amount of its 10.50% senior notes due 2028 (the "2028 Notes" and, collectively with the 2024 Notes and the 2026 Notes, the "Notes").
  evidence_url: https://www.sec.gov/Archives/edgar/data/896493/000121465923012004/0001214659-23-012004-index.htm

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