{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-24-005173","form_type":"8-K/A","ticker":"GPUS","cik":"0000896493","company_name":"Hyperscale Data, Inc.","filed_at":"2024-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.216633+00:00","generated_at":"2026-06-04T08:18:04.861840+00:00","sec_items":["7.01","1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ault Alliance increases Series C financing cap from $50M to $75M, extends closing to June 2024","bullets":["Financing cap raised from $50M to $75M under amended Securities Purchase Agreement dated March 25, 2024.","As of March 25, 2024, $43.5M already purchased (43,500 Series C shares + 12.86M warrants).","Final closing deadline extended to June 30, 2024, with potential 90-day extension by purchaser Ault & Company.","Terms unchanged: 9.5% cumulative dividend, conversion price based on VWAP with $0.10 floor; warrants at $3.3825, 5-year term.","Purchaser is an affiliate (Ault & Company); stockholder approval required for issuances exceeding 19.99%."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-24-005173","json":"https://secwatch.observer/filing/0001214659-24-005173.json","markdown":"https://secwatch.observer/filing/0001214659-24-005173.md","text":"https://secwatch.observer/filing/0001214659-24-005173.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/896493/000121465924005173/0001214659-24-005173-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/896493/000121465924005173/x3252428ka1.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T08:18:04.861840+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":"13d9dce9cfcec568f216e40289877c89ee6626e9","claim":"Hyperscale Data, Inc. amended the Amendment valued at $75,000,000.00 (effective 2024-03-25).","evidence_excerpt":"On March 25, 2024, the Company and the Purchaser entered into the Amendment, pursuant to which the total amount of the Financing was increased to $75,000,000.00","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465924005173/0001214659-24-005173-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"equity purchase"},{"label":"Value","value":"$75,000,000.00"},{"label":"Effective","value":"2024-03-25"}],"fact_type":"material_agreement"},{"claim_id":"8d684985f7182d936a0ef4ee4d2bd51f46e7f6bb","claim":"Hyperscale Data, Inc. entered into Agreement valued at up to $50,000,000.00 (effective 2023-11-06).","evidence_excerpt":"On November 6, 2023 (the “ Execution Date ”), the Company entered into the Agreement with 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 Series C Warrants to purchase shares of Common Stock, in one or more closings, 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/896493/000121465924005173/0001214659-24-005173-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Value","value":"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"}