other_material
confidence high
sentiment neutral
materiality 0.60
Hyperscale Data files Certificate of Designation for Series H Convertible Preferred Stock, up to $100M financing
Hyperscale Data, Inc.
- Filed Certificate of Designation on August 27, 2025, establishing Series H Convertible Preferred Stock.
- Up to 100,000 shares of Series H convertible into Class A common stock at a total purchase price of up to $100M.
- Financing is pursuant to Securities Purchase Agreement with Ault & Company, Inc. dated July 31, 2025.
- The certificate is effective upon filing; terms previously described in Form 8-K filed August 1, 2025.
item 5.03item 9.01