---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-25-011358"
form_type: "8-K"
ticker: "GPUS"
cik: "0000896493"
company_name: "Hyperscale Data, Inc."
filed_at: "2025-08-01T23:59:59+00:00"
generated_at: "2026-05-17T22:02:28.554707+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hyperscale Data enters up to $100M Series H convertible preferred financing from affiliate Ault & Company

## Summary
- Up to 100,000 Series H preferred shares at $1,000 stated value sold to Ault & Company for up to $100M.
- Conversion price set at greater of $0.10 floor or lesser of $0.79645 (105% of pre-deal VWAP) or 105% of VWAP at conversion.
- Cumulative dividend at 9.5% annual rate; company may pay in common stock for first two years.
- Proceeds to fund MI data center expansion, debt repayment, and working capital.
- Conversion above 19.99% of outstanding common requires stockholder approval; closings extendable to Dec 31, 2026.

## SEC filing metadata
- accession: 0001214659-25-011358
- form_type: 8-K
- ticker: GPUS
- cik: 0000896493
- company_name: Hyperscale Data, Inc.
- filed_at: 2025-08-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896493/000121465925011358/0001214659-25-011358-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896493/000121465925011358/b812508k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-25-011358
- JSON: https://secwatch.observer/filing/0001214659-25-011358.json
- Plain text: https://secwatch.observer/filing/0001214659-25-011358.txt

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