secwatch.observer — SEC 8-K summary
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Issuer:     Hyperscale Data, Inc. (GPUS)
CIK:        0000896493
Form:       8-K
Filed at:   2023-09-11T23:59:59+00:00
Accession:  0001214659-23-012267
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ault Alliance issues $2.2M face term note at 9% discount; matures Sept 25
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- Term note of $2.2M principal issued Sept 8, 2023 to Walleye Opportunities Master Fund Ltd. for $2M cash.
- Note matures Sept 25, 2023; no interest accrues unless an event of default occurs.
- Repayment secured by guaranty from Ault & Company, Inc. and Executive Chairman Milton C. Ault.
- Short-term bridge financing likely for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896493/000121465923012267/0001214659-23-012267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896493/000121465923012267/b9112328k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-012267

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