{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-24-007875","form_type":"8-K","ticker":"GPUS","cik":"0000896493","company_name":"Hyperscale Data, Inc.","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.368354+00:00","generated_at":"2026-06-03T05:14:27.190145+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Ault Alliance issues $1.705M term note at 15% interest maturing May 17, 2024; guaranteed by subsidiary and chairman","bullets":["Term note principal face amount $1,705,000 with 15% per annum interest, issued with original issue discount; purchase price $1,550,000.","Maturity date is May 17, 2024 (approximately 18 days from issuance on April 29, 2024).","Repayment guaranteed by wholly owned subsidiary Ault Lending, LLC and by Executive Chairman Milton C. Ault.","Proceeds from the note to an accredited investor (Orchid Finance LLC) as per Guaranty exhibit."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-24-007875","json":"https://secwatch.observer/filing/0001214659-24-007875.json","markdown":"https://secwatch.observer/filing/0001214659-24-007875.md","text":"https://secwatch.observer/filing/0001214659-24-007875.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/896493/000121465924007875/0001214659-24-007875-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/896493/000121465924007875/o4302448k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:14:27.190145+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":"9da58b781fed3b19d11771e121150938f0b3ff13","claim":"Hyperscale Data, Inc. incurred loan of $1,705,000 with an accredited investor at fifteen percent (15%) per annum maturing May 17, 2024.","evidence_excerpt":"Ault Alliance, Inc., a Delaware corporation (the “ Company ”) issued to an accredited investor a term note (the “ Note ”) with a principal face amount of $1,705,000.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465924007875/0001214659-24-007875-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$1,705,000"},{"label":"Counterparty","value":"an accredited investor"},{"label":"Rate","value":"fifteen percent (15%) per annum"},{"label":"Maturity","value":"May 17, 2024"},{"label":"Event","value":"incurrence"}]},{"claim_id":"775940c74aca041ddd1a30c895f5e849ea27bcb2","claim":"Hyperscale Data, Inc. entered into Note with an accredited investor valued at $1,705,000 (effective 2024-04-29).","evidence_excerpt":"Effective April 29, 2024, Ault Alliance, Inc., a Delaware corporation (the “ Company ”) issued to an accredited investor a term note (the “ Note ”) with a principal face amount of $1,705,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465924007875/0001214659-24-007875-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"an accredited investor"},{"label":"Value","value":"$1,705,000"},{"label":"Effective","value":"2024-04-29"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}