Ault Alliance increases Series C Convertible Preferred designation from 50k to 75k shares

Hyperscale Data, Inc.

Filed Certificate of Increase with Delaware on April 3, 2024, raising Series C designated shares to 75,000.
Increase supports $75M financing with Ault & Company, Inc. (previously $50M, amended March 25, 2024).
Amendment to Certificate of Designation approved by Series C holder and board on March 21, 2024.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Hyperscale Data, Inc.: Increased the number of authorized shares of Series C Convertible Preferred Stock from 50,000 to 75,000 (effective 2024-04-03).

Change: charter amendment
Effective: 2024-04-03

Exact text from the filing

Pursuant to the Certificate, the number of shares of preferred stock designated as the Series C Convertible Preferred Stock was increased from 50,000 to 75,000.

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13 governance changes filed in the last 30 days. Browse all governance changes →

Hyperscale Data, Inc. filing history →

Source: SEC EDGAR

accession 0001214659-24-006135

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