secwatch.observer — SEC 8-K summary
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Issuer:     Hyperscale Data, Inc. (GPUS)
CIK:        0000896493
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001214659-24-018757
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hyperscale Data announces 1-for-35 reverse stock split effective Nov 22, 2024; creates new 10% Series E Preferred Stock
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- Reverse split ratio set at 1:35; effective in Delaware Nov 22; split-adjusted trading on NYSE American begins Nov 25.
- New 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock authorized; $25 stated value, 10% annual dividend payable monthly.
- Series E ranks senior to common, on parity with some series, junior to Series A and C preferred and all debt.
- No fractional shares issued; stockholders entitled to fractional interests receive cash payment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896493/000121465924018757/0001214659-24-018757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896493/000121465924018757/b11122438k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-24-018757

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