secwatch.observer — SEC 8-K summary
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Issuer:     Hyperscale Data, Inc. (GPUS)
CIK:        0000896493
Form:       8-K
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0001214659-25-006375
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hyperscale Data amends Series B convertible preferred conversion price to include $0.40 floor and 75% of VWAP cap
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- Filed Certificate of Amendment on April 23, 2025, effective same day.
- Conversion Price now greater of $0.40 floor or 75% of lowest VWAP in prior 5 days, capped at $10.00.
- Amendment relates to up to 50,000 Series B shares sold to SJC Lending, LLC for up to $50 million.
- Board unanimously approved amendment on April 22, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896493/000121465925006375/0001214659-25-006375-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896493/000121465925006375/p4242588k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-25-006375

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer