{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-23-014653","form_type":"8-K","ticker":"GPUS","cik":"0000896493","company_name":"Hyperscale Data, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.327578+00:00","generated_at":"2026-06-08T18:36:33.722503+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ault Alliance enters $50M financing agreement with affiliate via Series C convertible preferred and warrants","bullets":["Up to $50M from affiliate Ault & Company via Series C convertible preferred shares, stated value $1,000 each.","Conversion price: greater of $0.10 floor or lesser of $0.2098 or 105% of VWAP; full ratchet anti-dilution protection.","Warrants: ~370M shares at $0.1353/exercise price, 5-year term, exercisable after 6 months.","Preferred dividend: 9.5% annual on $1,000 stated value, payable quarterly; first 2 years may be paid in common stock.","Proceeds: repay debt, expand Bitcoin mining, working capital; closing subject to stockholder and A&C financing."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-23-014653","json":"https://secwatch.observer/filing/0001214659-23-014653.json","markdown":"https://secwatch.observer/filing/0001214659-23-014653.md","text":"https://secwatch.observer/filing/0001214659-23-014653.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/896493/000121465923014653/0001214659-23-014653-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/896493/000121465923014653/e1172318k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T18:36:33.722503+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":"80dfa0e6fb642638d9e267688f45b7fa57f705d7","claim":"Hyperscale Data, Inc. entered into Securities Purchase Agreement with Ault & Company, Inc. valued at total purchase price of up to $50,000,000.00 (effective 2023-11-06).","evidence_excerpt":"Ault Alliance, Inc., a Delaware corporation (the “ Company ”) entered into a Securities Purchase Agreement (the “ Agreement ”) with Ault & Company, Inc., a Delaware corporation (the “ Purchaser ”), pursuant to which the Company agreed to sell to the Purchaser up to 50,000 shares of Series C convertible preferred stock (the “ Series C Convertible Preferred Stock ”), and warrants (the “ Series C Warrants ”) to purchase shares of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”) for a total purchase price of up to $50,000,000.00","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465923014653/0001214659-23-014653-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Ault & Company, Inc."},{"label":"Value","value":"total purchase price of up to $50,000,000.00"},{"label":"Effective","value":"2023-11-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}