---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-24-004820"
form_type: "8-K"
ticker: "GPUS"
cik: "0000896493"
company_name: "Hyperscale Data, Inc."
filed_at: "2024-03-19T23:59:59+00:00"
generated_at: "2026-06-04T14:22:49.253179+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ault Alliance sells additional $1M in Series C Convertible Preferred and Warrants to affiliate

## Summary
- On March 18 and 19, 2024, sold 500 shares of Series C Convertible Preferred Stock and warrants for 147,820 common shares each closing, for $500k per closing.
- Aggregate purchases under November 2023 SPA now total $43.5M of the $50M commitment.
- Sales were made to affiliate Ault & Company under existing agreement; terms previously disclosed in Nov 7, 2023 8-K.

## SEC filing metadata
- accession: 0001214659-24-004820
- form_type: 8-K
- ticker: GPUS
- cik: 0000896493
- company_name: Hyperscale Data, Inc.
- filed_at: 2024-03-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896493/000121465924004820/0001214659-24-004820-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896493/000121465924004820/o3182468k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-24-004820
- JSON: https://secwatch.observer/filing/0001214659-24-004820.json
- Plain text: https://secwatch.observer/filing/0001214659-24-004820.txt

## Key facts
- Material Agreements
  Hyperscale Data, Inc. entered into Agreement with Ault & Company, Inc. valued at $50 million (effective 2023-11-06).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Ault & Company, Inc.
  - Value: $50 million
  - Effective: 2023-11-06
  source text: On each of March 18, 2024 and March 19, 2024, Ault Alliance, Inc., a Delaware corporation (the “ Company ”), pursuant to the Securities Purchase Agreement (the “ Agreement ”) entered into with Ault & Company, Inc., a Delaware corporation (the “ Purchaser ”) on November 6, 2023 (the “ Execution Date ”), sold 500 shares of Series C convertible preferred stock (the “ Series C Convertible Preferred Stock ”), and warrants (the “ Series C Warrants ”) to purchase 147,820 shares (the “ Warrant Shares ”) of the Company’s common stock to the Purchaser, for a purchase price of 500,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/896493/000121465924004820/0001214659-24-004820-index.htm

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