{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-26-012768","form_type":"8-K","ticker":"GPUS","cik":"0000896493","company_name":"Hyperscale Data, Inc.","filed_at":"2026-10-13T10:15:19+00:00","discovered_at":"2026-10-13T10:20:00.254777+00:00","generated_at":"2026-10-13T10:20:21.456967+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Hyperscale Data cuts ATM offering to $100M from $300M after selling 121.8M shares at ~$0.41","bullets":["Company amended its June 18, 2026 ATM sales agreement with Spartan Capital Securities, reducing the aggregate Class A common stock offering from $300,000,000 to $100,000,000.","Hyperscale Data has sold 121,827,841 shares under the ATM for gross proceeds of ~$49.8 million, an average of roughly $0.41 per share.","CEO Will Horne: 'we do not believe the additional $200 million of ATM capacity is currently necessary'; says equity is 'significantly undervalued' and the cut limits dilution.","Michigan AI data center is being built to initially support 20 megawatts of critical compute capacity for a neocloud customer, with buildout costs to be augmented by project debt.","Preliminary estimates indicate the Michigan Facility will support project debt financing of between $100 million and $150 million."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-26-012768","json":"https://secwatch.observer/filing/0001214659-26-012768.json","markdown":"https://secwatch.observer/filing/0001214659-26-012768.md","text":"https://secwatch.observer/filing/0001214659-26-012768.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/896493/000121465926012768/0001214659-26-012768-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/896493/000121465926012768/z10122618k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-13T10:20:21.456967+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}