Hyperscale Data Announces Date and Ratio of Reverse Stock Split
Rhea-AI Summary
Hyperscale Data (NYSE American: GPUS) has set a one-for-five (1:5) reverse stock split of its Class A Common Stock, effective in Delaware on August 24, 2026. The company expects trading on the NYSE American to begin on a split-adjusted basis on August 25, 2026 under new CUSIP 09175M 879.
The reverse split will apply to all issued and outstanding common shares and adjust the share amounts under equity incentive plans and for outstanding options and warrants, while leaving par value at $0.001. Fractional shares will not be issued; affected holders will receive cash. Computershare Trust Company will act as exchange and transfer agent. The release also reiterates Hyperscale Data’s planned 2027 divestiture of Ault Capital Group via voluntary exchange of Series F Preferred Stock for ACG shares.
Positive
- Reverse split terms finalized: 1-for-5 ratio effective August 24, 2026, with split-adjusted trading expected August 25, 2026
- Uniform treatment of stockholders: percentage ownership in Hyperscale Data equity unchanged except for minor effects from fractional share handling
- Cash in lieu of fractions: stockholders who would hold fractional GPUS shares will receive a cash payment instead
Negative
- Forced cash-out for very small holders: stockholders whose post-split position would be only a fractional share will not retain GPUS stock
- Equity awards and derivatives adjusted: reverse split reduces share counts under incentive plans and on options and warrants outstanding before the split
News Explained
The scheduled Hyperscale Data 1:5 reverse split, effective
Market Reaction – GPUS
Following this news, GPUS has declined 10.62%, reflecting a significant negative market reaction. Argus tracked a peak move of +4.2% during the session. Argus tracked a trough of -9.7% from its starting point during tracking. Our momentum scanner has triggered 11 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $0.10. Trading volume is elevated at 2.5x the average, suggesting increased selling activity.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
Previous Stock split Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Nov 11 | Reverse stock split | Neutral | -2.4% | 1-for-35 reverse split preceded a 2.43% 24-hour decline in the historical record |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The prior tag-matched reverse split was followed by a -2.43% 24-hour decline.
Key Terms
reverse stock split financial
cusip number technical
exchange agent financial
transfer agent financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
At the Meeting, stockholders voted upon and approved Proposal 1, an amendment to the Company's Certificate of Incorporation to effect a Reverse Split with a ratio of not less than one-for-two and not more than one-for-five at any time prior to March 17, 2027, with the exact ratio to be set at a whole number within this range as determined by the Company's board of directors (the "Board") in its sole discretion.
On August 6, 2026, the Board authorized the formation of a special committee (the "Committee") consisting of the Corporation's Executive Chairman, its Chief Executive Officer and its President (the "Authorized Officers"), and delegated the authority to the Committee to determine the ratio and date of the Reverse Split. On August 13, 2026, the Committee approved a one-for-five (1:5) Reverse Split of the Common Stock that will be effective in the
The Reverse Split affects all issued and outstanding shares of the Common Stock, as well as the number of shares of Common Stock available for issuance under the Company's equity incentive plans. In addition, the Reverse Split reduces the number of shares of Common Stock issuable upon the exercise of stock options or warrants outstanding immediately prior to the Reverse Split. The par value of the Common Stock will remain unchanged at
Computershare Trust Company, N.A. ("Computershare"), is acting as the exchange agent and transfer agent for the Reverse Split. Computershare will provide instructions to stockholders with physical certificates regarding the optional process for exchanging their pre-split stock certificates for post-split stock certificates and receiving payment for any fractional shares.
For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors, and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at www.Hyperscaledata.comor at www.sec.gov.
About Hyperscale Data, Inc.
Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data's other wholly owned subsidiary, Ault Capital Group, Inc. ("ACG"), is a hybrid private equity firm and operating company that acquires, finances, builds and actively manages businesses across financial services, digital assets, industrial services, hospitality, defense technologies and other sectors.
Hyperscale Data currently expects the divestiture of ACG (the "Divestiture") to occur in 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data's headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.
On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the "Series F Preferred Stock") to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the "ACG Shares"). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "believes," "plans," "anticipates," "projects," "estimates," "expects," "intends," "strategy," "future," "opportunity," "may," "will," "should," "could," "potential," or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company's business and financial results are included in the Company's filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Forms 10-K, 10-Q and 8- K. All filings are available at www.sec.gov and on the Company's website at www.hyperscaledata.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/hyperscale-data-announces-date-and-ratio-of-reverse-stock-split-302851278.html
SOURCE Hyperscale Data Inc.