[8-K] Hyperscale Data, Inc. Reports Material Event
Hyperscale Data reported significant equity conversions between June 16-20, 2025. The company issued 3,459,638 total new shares of Class A Common Stock through multiple conversions:
- 1,401,422 shares from converting 2,016.07 shares of Series B Convertible Preferred Stock
- 1,811,216 shares from converting $2,996,479 of convertible notes (Section 4(a)(2) exemption)
- 247,000 shares from converting $479,557 of convertible notes (Section 3(a)(9) exemption)
Following these conversions, the company's total Class A Common Stock outstanding reached 6,611,290 shares as of June 20, 2025. These transactions were executed under exemptions from SEC registration requirements, indicating a significant restructuring of the company's equity composition.
Hyperscale Data ha segnalato significative conversioni di azioni tra il 16 e il 20 giugno 2025. La società ha emesso 3.459.638 nuove azioni totali di Azioni Ordinarie Classe A attraverso diverse conversioni:
- 1.401.422 azioni derivanti dalla conversione di 2.016,07 azioni di Azioni Preferenziali Convertibili Serie B
- 1.811.216 azioni derivanti dalla conversione di 2.996.479 dollari di note convertibili (esenzione Sezione 4(a)(2))
- 247.000 azioni derivanti dalla conversione di 479.557 dollari di note convertibili (esenzione Sezione 3(a)(9))
Dopo queste conversioni, il totale delle Azioni Ordinarie Classe A in circolazione della società ha raggiunto 6.611.290 azioni al 20 giugno 2025. Queste operazioni sono state effettuate in base a esenzioni dai requisiti di registrazione della SEC, indicando una significativa ristrutturazione della composizione azionaria della società.
Hyperscale Data informó conversiones significativas de acciones entre el 16 y el 20 de junio de 2025. La compañía emitió 3,459,638 nuevas acciones totales de Acciones Comunes Clase A mediante múltiples conversiones:
- 1,401,422 acciones por la conversión de 2,016.07 acciones de Acciones Preferentes Convertibles Serie B
- 1,811,216 acciones por la conversión de $2,996,479 en notas convertibles (exención Sección 4(a)(2))
- 247,000 acciones por la conversión de $479,557 en notas convertibles (exención Sección 3(a)(9))
Tras estas conversiones, el total de Acciones Comunes Clase A en circulación de la compañía alcanzó 6,611,290 acciones al 20 de junio de 2025. Estas transacciones se realizaron bajo exenciones de los requisitos de registro de la SEC, lo que indica una reestructuración significativa en la composición accionarial de la empresa.
Hyperscale Data는 2025년 6월 16일부터 20일까지 상당한 주식 전환을 보고했습니다. 회사는 여러 전환을 통해 총 3,459,638주의 클래스 A 보통주를 발행했습니다:
- 1,401,422주는 시리즈 B 전환 우선주 2,016.07주를 전환하여 발행됨
- 1,811,216주는 전환 사채 $2,996,479(섹션 4(a)(2) 면제)을 전환하여 발행됨
- 247,000주는 전환 사채 $479,557(섹션 3(a)(9) 면제)을 전환하여 발행됨
이러한 전환 이후, 2025년 6월 20일 기준 회사의 총 클래스 A 보통주 발행 주식 수는 6,611,290주에 이르렀습니다. 이 거래들은 SEC 등록 요건 면제 하에 이루어졌으며, 회사의 주식 구성에 중요한 구조조정을 나타냅니다.
Hyperscale Data a signalé d'importantes conversions d'actions entre le 16 et le 20 juin 2025. La société a émis 3 459 638 nouvelles actions ordinaires de Classe A via plusieurs conversions :
- 1 401 422 actions issues de la conversion de 2 016,07 actions de Série B d'actions préférentielles convertibles
- 1 811 216 actions issues de la conversion de 2 996 479 $ de billets convertibles (exemption Section 4(a)(2))
- 247 000 actions issues de la conversion de 479 557 $ de billets convertibles (exemption Section 3(a)(9))
À la suite de ces conversions, le nombre total d'actions ordinaires de Classe A en circulation a atteint 6 611 290 actions au 20 juin 2025. Ces transactions ont été réalisées sous des exemptions aux exigences d'enregistrement de la SEC, indiquant une restructuration importante de la composition du capital de la société.
Hyperscale Data meldete bedeutende Aktienumwandlungen zwischen dem 16. und 20. Juni 2025. Das Unternehmen gab insgesamt 3.459.638 neue Aktien der Klasse A Stammaktien durch mehrere Umwandlungen aus:
- 1.401.422 Aktien durch die Umwandlung von 2.016,07 Aktien der Serie B Wandelvorzugsaktien
- 1.811.216 Aktien durch die Umwandlung von Wandelanleihen im Wert von 2.996.479 USD (Ausnahme nach Abschnitt 4(a)(2))
- 247.000 Aktien durch die Umwandlung von Wandelanleihen im Wert von 479.557 USD (Ausnahme nach Abschnitt 3(a)(9))
Nach diesen Umwandlungen belief sich die Gesamtzahl der ausstehenden Klasse A Stammaktien des Unternehmens am 20. Juni 2025 auf 6.611.290 Aktien. Diese Transaktionen wurden unter Ausnahmen von den Registrierungspflichten der SEC durchgeführt und deuten auf eine bedeutende Umstrukturierung der Aktienzusammensetzung des Unternehmens hin.
- Significant debt-to-equity conversion: Over $3.47M in convertible notes and preferred stock converted to common shares, strengthening the balance sheet by reducing debt obligations
- Large-scale conversion of Series B Preferred Stock (2,016 shares) to common stock simplifies the capital structure
- Substantial dilution for existing shareholders with issuance of 3.46M new common shares, representing approximately 52% increase in outstanding shares
Insights
Hyperscale Data converted major preferred stock and notes to common shares, significantly restructuring capital and potentially diluting existing shareholders.
This 8-K filing reveals a substantial transformation of Hyperscale Data's capital structure through multiple security conversions. Between June 16-20, 2025, the company issued over 3.45 million new Class A Common shares through three distinct conversion events: 1.4 million shares from Series B Convertible Preferred Stock, 1.8 million shares from convertible notes worth $3 million, and 247,000 shares from a $480,000 convertible note.
The scale of these conversions is significant. With only 6.61 million total Class A Common shares now outstanding, these recent conversions represent over half of the company's current equity base. This suggests a major realignment of the company's capital structure and ownership dynamics.
For the balance sheet, these conversions eliminate approximately $3.48 million in convertible debt obligations and over 2,000 shares of preferred stock that likely carried dividend requirements. While debt reduction strengthens financial flexibility by removing future interest payments and maturity obligations, the substantial increase in common shares dilutes existing shareholders' ownership percentage and voting power.
The concentrated timing of these conversions within just a 5-day period suggests a coordinated restructuring rather than random investor decisions. The company's use of Securities Act exemptions (Sections 4(a)(2) and 3(a)(9)) indicates these were private transactions rather than public offerings, potentially involving a limited number of investors making strategic moves.
For investors, this capital restructuring creates a simpler, more transparent equity structure by converting complex securities into straightforward common equity, though at the cost of significant dilution to previous common shareholders.
Hyperscale Data ha segnalato significative conversioni di azioni tra il 16 e il 20 giugno 2025. La società ha emesso 3.459.638 nuove azioni totali di Azioni Ordinarie Classe A attraverso diverse conversioni:
- 1.401.422 azioni derivanti dalla conversione di 2.016,07 azioni di Azioni Preferenziali Convertibili Serie B
- 1.811.216 azioni derivanti dalla conversione di 2.996.479 dollari di note convertibili (esenzione Sezione 4(a)(2))
- 247.000 azioni derivanti dalla conversione di 479.557 dollari di note convertibili (esenzione Sezione 3(a)(9))
Dopo queste conversioni, il totale delle Azioni Ordinarie Classe A in circolazione della società ha raggiunto 6.611.290 azioni al 20 giugno 2025. Queste operazioni sono state effettuate in base a esenzioni dai requisiti di registrazione della SEC, indicando una significativa ristrutturazione della composizione azionaria della società.
Hyperscale Data informó conversiones significativas de acciones entre el 16 y el 20 de junio de 2025. La compañía emitió 3,459,638 nuevas acciones totales de Acciones Comunes Clase A mediante múltiples conversiones:
- 1,401,422 acciones por la conversión de 2,016.07 acciones de Acciones Preferentes Convertibles Serie B
- 1,811,216 acciones por la conversión de $2,996,479 en notas convertibles (exención Sección 4(a)(2))
- 247,000 acciones por la conversión de $479,557 en notas convertibles (exención Sección 3(a)(9))
Tras estas conversiones, el total de Acciones Comunes Clase A en circulación de la compañía alcanzó 6,611,290 acciones al 20 de junio de 2025. Estas transacciones se realizaron bajo exenciones de los requisitos de registro de la SEC, lo que indica una reestructuración significativa en la composición accionarial de la empresa.
Hyperscale Data는 2025년 6월 16일부터 20일까지 상당한 주식 전환을 보고했습니다. 회사는 여러 전환을 통해 총 3,459,638주의 클래스 A 보통주를 발행했습니다:
- 1,401,422주는 시리즈 B 전환 우선주 2,016.07주를 전환하여 발행됨
- 1,811,216주는 전환 사채 $2,996,479(섹션 4(a)(2) 면제)을 전환하여 발행됨
- 247,000주는 전환 사채 $479,557(섹션 3(a)(9) 면제)을 전환하여 발행됨
이러한 전환 이후, 2025년 6월 20일 기준 회사의 총 클래스 A 보통주 발행 주식 수는 6,611,290주에 이르렀습니다. 이 거래들은 SEC 등록 요건 면제 하에 이루어졌으며, 회사의 주식 구성에 중요한 구조조정을 나타냅니다.
Hyperscale Data a signalé d'importantes conversions d'actions entre le 16 et le 20 juin 2025. La société a émis 3 459 638 nouvelles actions ordinaires de Classe A via plusieurs conversions :
- 1 401 422 actions issues de la conversion de 2 016,07 actions de Série B d'actions préférentielles convertibles
- 1 811 216 actions issues de la conversion de 2 996 479 $ de billets convertibles (exemption Section 4(a)(2))
- 247 000 actions issues de la conversion de 479 557 $ de billets convertibles (exemption Section 3(a)(9))
À la suite de ces conversions, le nombre total d'actions ordinaires de Classe A en circulation a atteint 6 611 290 actions au 20 juin 2025. Ces transactions ont été réalisées sous des exemptions aux exigences d'enregistrement de la SEC, indiquant une restructuration importante de la composition du capital de la société.
Hyperscale Data meldete bedeutende Aktienumwandlungen zwischen dem 16. und 20. Juni 2025. Das Unternehmen gab insgesamt 3.459.638 neue Aktien der Klasse A Stammaktien durch mehrere Umwandlungen aus:
- 1.401.422 Aktien durch die Umwandlung von 2.016,07 Aktien der Serie B Wandelvorzugsaktien
- 1.811.216 Aktien durch die Umwandlung von Wandelanleihen im Wert von 2.996.479 USD (Ausnahme nach Abschnitt 4(a)(2))
- 247.000 Aktien durch die Umwandlung von Wandelanleihen im Wert von 479.557 USD (Ausnahme nach Abschnitt 3(a)(9))
Nach diesen Umwandlungen belief sich die Gesamtzahl der ausstehenden Klasse A Stammaktien des Unternehmens am 20. Juni 2025 auf 6.611.290 Aktien. Diese Transaktionen wurden unter Ausnahmen von den Registrierungspflichten der SEC durchgeführt und deuten auf eine bedeutende Umstrukturierung der Aktienzusammensetzung des Unternehmens hin.
FAQ
How many shares of Class A Common Stock did GPUS issue through Series B Preferred Stock conversion in June 2025?
What is GPUS's total outstanding Class A Common Stock as of June 20, 2025?
How many shares did GPUS issue through convertible note conversions in June 2025?
What legal exemptions did GPUS use for its June 2025 stock issuances?
Where is GPUS (Hyperscale Data, Inc.) headquartered?
