other
confidence high
sentiment neutral
materiality 0.15
Hyperscale Data amends Series G preferred voting floor price to $6.244
Hyperscale Data, Inc.
- Voting Floor Price for Series G Convertible Preferred Stock amended from $5.38 to $6.244.
- Amendment approved by sole Series G holder and board on Feb 5, 2025; effective upon filing.
- Series G preferred was issued in Dec 2024 under a $25M securities purchase agreement with Ault & Company.
- No impact on Class A common stock (GPUS) or Series D preferred (GPUS PD) terms.