secwatch.observer — SEC 8-K summary
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Issuer:     Hyperscale Data, Inc. (GPUS)
CIK:        0000896493
Form:       8-K
Filed at:   2024-03-19T23:59:59+00:00
Accession:  0001214659-24-004820
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896493/000121465924004820/0001214659-24-004820-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896493/000121465924004820/o3182468k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-24-004820

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer