{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-25-003526","form_type":"8-K","ticker":"GPUS","cik":"0000896493","company_name":"Hyperscale Data, Inc.","filed_at":"2025-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.732076+00:00","generated_at":"2026-05-26T04:13:58.617006+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Hyperscale Data extends forbearance, issues $3.5M convertible note at $2.00 conversion price","bullets":["Entered A&R Forbearance Agreement with Esousa Group Holdings on Feb 25, 2025.","Issued $3.5M A&R Forbearance Note (incl. $2.3M true-up, $311,917 fee), 18% interest, matures May 15, 2025.","Conversion price set at $2.00, subject to NYSE and stockholder approval; requires $250,000 payment by March 6, 2025.","Investor agrees to forbear until May 15, 2025; note cancelled if investor receives $5.5M aggregate proceeds.","Excess proceeds beyond $5.5M would repay a note from subsidiary RiskOn International."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-25-003526","json":"https://secwatch.observer/filing/0001214659-25-003526.json","markdown":"https://secwatch.observer/filing/0001214659-25-003526.md","text":"https://secwatch.observer/filing/0001214659-25-003526.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/896493/000121465925003526/0001214659-25-003526-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/896493/000121465925003526/y2262518k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T04:13:58.617006+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":"505110a41a3a3cacfbdcc2392c1e5ffd7989f585","claim":"Hyperscale Data, Inc. amended convertible notes of $3.5 million with institutional investor at 18% per annum maturing May 15, 2025.","evidence_excerpt":"Note (as hereinafter defined). Description of the A&R Forbearance Note The Company issued to the Investor an amended and restated convertible promissory note in the amount of $3.5 million (the “ A&R Forbearance Note ”), consisting of (i) the amount then due under the Forbearance Note of $887,985.29, (ii) a forbearance extension fee of $311,916.67 and (iii) a","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/896493/000121465925003526/0001214659-25-003526-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$3.5 million"},{"label":"Counterparty","value":"institutional investor"},{"label":"Rate","value":"18% per annum"},{"label":"Maturity","value":"May 15, 2025"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}