---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-24-009439"
form_type: "8-K"
ticker: "GPUS"
cik: "0000896493"
company_name: "Hyperscale Data, Inc."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T22:22:54.446999+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ault Alliance amends loan deal; segregated account deadline extended to July 22, 2024, minimum raised to $7.4M

## Summary
- Segregated account minimum balance increased from $7M to $7.4M; compliance deadline extended from May 15 to July 22, 2024.
- Borrower to pay $500k amendment charge: $250k by June 15, 2024 and $250k by July 10, 2024.
- Borrower also to pay $5,000 in legal fees to JGB Agent by May 31, 2024.
- Each loan party releases Lenders and Agent from all prior claims related to loan documents.

## SEC filing metadata
- accession: 0001214659-24-009439
- form_type: 8-K
- ticker: GPUS
- cik: 0000896493
- company_name: Hyperscale Data, Inc.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896493/000121465924009439/0001214659-24-009439-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896493/000121465924009439/g5162428k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-24-009439
- JSON: https://secwatch.observer/filing/0001214659-24-009439.json
- Plain text: https://secwatch.observer/filing/0001214659-24-009439.txt

## Key facts
- Material Agreements
  Hyperscale Data, Inc. amended Second Amendment Loan and Guaranty Agreement with Ault & Company, Inc., JGB Capital, LP, JGB Partners, LP, JGB (Cayman) Buckeye Ltd., and JGB Collateral LLC valued at $38,918,919 (effective 2024-05-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Ault & Company, Inc., JGB Capital, LP, JGB Partners, LP, JGB (Cayman) Buckeye Ltd., and JGB Collateral LLC
  - Value: $38,918,919
  - Effective: 2024-05-15
  source text: On May 15, 2024, Ault Alliance, Inc., a Delaware corporation (the “ Company ”), along with its wholly owned subsidiaries Sentinum, Inc. (“ Sentinum ”), Third Avenue Apartments LLC (“ Third Avenue ”), Alliance Cloud Services, LLC (“ Alliance Cloud ”), BNI Montana, LLC (“ BNI Montana ”), Ault Lending, LLC (“ Ault Lending ”), Ault Aviation, LLC (“ Ault Aviation ”) and Ault Global Real Estate Equities, Inc. (“ AGREE ” and collectively with the Company, Sentinum, Third Avenue, Alliance Cloud, BNI Montana, Ault Lending and Ault Aviation, the “ Guarantors ”) entered into the Second Amendment Loan and Guaranty Agreement (the “ Amendment ”), with Ault & Company, Inc. (the “ Purchaser ”), JGB Capital, LP (“ JGB Capital ”), JGB Partners, LP (“ JGB Partners ”) and JGB (Cayman) Buckeye Ltd. (“ JGB Cayman ” and collectively, the “ Lenders ”), and JGB Collateral LLC, as administrative agent and collateral agent for Lenders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/896493/000121465924009439/0001214659-24-009439-index.htm

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