{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-23-015459","form_type":"8-K","ticker":"GPUS","cik":"0000896493","company_name":"Hyperscale Data, Inc.","filed_at":"2023-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.328215+00:00","generated_at":"2026-06-07T23:07:09.230423+00:00","sec_items":["5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"medium","headline":"Ault Alliance creates Series C Convertible Preferred Stock with $1,000 stated value, 9.5% dividend","bullets":["Conversion price is greater of $0.10 floor or lesser of $0.2098 (105% of pre-execution VWAP) and 105% of conversion-date VWAP.","Cumulative cash dividend at 9.5% per annum, payable quarterly; Company may pay in Common Stock for first two years at Conversion Price.","Voting rights on as-converted basis with a $0.123 Voting Floor Price; after stockholder approval, Purchaser earns proportional board representation.","Liquidation preference senior to Series A, B, and D Preferred Stock; holders receive stated value before common distributions.","Purchaser is affiliate Ault & Company, Inc. under Securities Purchase Agreement dated November 6, 2023; number of shares issued not disclosed."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-23-015459","json":"https://secwatch.observer/filing/0001214659-23-015459.json","markdown":"https://secwatch.observer/filing/0001214659-23-015459.md","text":"https://secwatch.observer/filing/0001214659-23-015459.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/896493/000121465923015459/0001214659-23-015459-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/896493/000121465923015459/p11212308k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T23:07:09.230423+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":"785285d802cd6256fa0d420fe0ae8d7a5f70f450","claim":"Hyperscale Data, Inc.: Filed Certificate of Designations establishing Series C Convertible Preferred Stock (effective 2023-11-15).","evidence_excerpt":"Ault Alliance, Inc., a Delaware corporation (the “ Company ”) filed a Certificate of Designations of Preferences, Rights and Limitations of Series C Convertible Preferred Stock (the “ Series C Certificate of Designations ”) with the Secretary of State of the State of Delaware","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465923015459/0001214659-23-015459-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-11-15"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}