Hyperscale Data (NYSE: GPUS) adds Class A shares through preferred, note conversions
Rhea-AI Filing Summary
Hyperscale Data, Inc. reported recent issuances of Class A common stock from several conversions. Between late September and early October 2025, the company issued 8,750,000 Class A shares upon conversion of 3,500 shares of Series B Convertible Preferred Stock and 256 Class A shares upon conversion of an equal number of Class B common shares. On October 7, 2025, it also issued 2,264,155 Class A shares upon conversion of $905,662 of principal and accrued interest under a convertible note. These Class A shares were issued in a private transaction relying on an exemption from registration under Section 4(a)(2) of the Securities Act. As of October 9, 2025, Hyperscale Data had 188,945,811 Class A common shares outstanding.
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FAQ
What new shares did Hyperscale Data (GPUS) issue in this 8-K?
Hyperscale Data issued 8,750,000 Class A common shares from conversions of Series B Convertible Preferred Stock, 256 Class A shares from Class B common stock conversions, and 2,264,155 Class A shares from the conversion of a convertible note.
What securities were converted into Hyperscale Data (GPUS) Class A common stock?
The company converted 3,500 shares of Series B Convertible Preferred Stock, 256 shares of Class B common stock, and a convertible note with $905,662 of principal and accrued interest into Class A common stock.
How many Hyperscale Data (GPUS) Class A shares are now outstanding?
As of October 9, 2025, Hyperscale Data had 188,945,811 shares of Class A common stock outstanding.
Was the new Hyperscale Data (GPUS) stock issuance registered with the SEC?
No, the Class A common shares were offered and sold in reliance on an exemption from registration under Section 4(a)(2) of the Securities Act of 1933.
What type of security is the Hyperscale Data 13.00% Series D preferred stock?
It is a 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock with a par value of $0.001 per share, listed on NYSE American under the symbol GPUS PD.
Who signed this Hyperscale Data (GPUS) 8-K?
The report was signed on behalf of Hyperscale Data, Inc. by Henry Nisser, the company’s President and General Counsel.