Hyperscale Data (GPUS) director Ault adds shares, details prefs
Rhea-AI Filing Summary
Hyperscale Data, Inc. insider Milton C. Ault III, a director, executive chairman and 10% owner, reported multiple transactions in the company’s stock. On 09/11/2025, he bought 500 shares of common stock at $0.37 per share. On 11/18/2025, he purchased 3,800 shares at a volume-weighted average price of $0.2363, and an additional 205,656 shares at a volume-weighted average price of $0.2372 through Ault & Company, Inc. On 11/19/2025, Ault & Company bought a further 50,000 shares at $0.229 per share.
Following these trades, Ault directly owned 23,550 common shares and indirectly owned 274,905 common shares via Ault & Company. He also reported large derivative positions, including Class B common stock convertible into Class A common stock, and Series C, G and H convertible preferred stock, each with a stated value of $1,000 per share and a conversion framework currently based on a $0.324 conversion price, plus several series of warrants with specified exercise prices and share amounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 50,000 | $0.229 | $11K |
| Purchase | Common Stock | 3,800 | $0.2363 | $897.94 |
| Purchase | Common Stock | 205,656 | $0.2372 | $49K |
| Grant/Award | Class B Common Stock | 1,375 | $0.00 | -- |
| Grant/Award | Class B Common Stock | 10,445,137 | $0.00 | -- |
| Purchase | Common Stock | 500 | $0.37 | $185.00 |
| holding | Series C Convertible Preferred Stock | -- | -- | -- |
| holding | Series G Convertible Preferred Stock | -- | -- | -- |
| holding | Series H Convertible Preferred Stock | -- | -- | -- |
| holding | Series C Warrants | -- | -- | -- |
| holding | Series G Warrants | -- | -- | -- |
| holding | October 2023 Warrants | -- | -- | -- |
| holding | 13% Series D Cumulative Redeemable Perpetual Preferred Stock | -- | -- | -- |
Footnotes (1)
- The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.2363. The range of purchase prices on the transaction date was $0.2149 to $0.2439 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price. The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.2372. The range of purchase prices on the transaction date was $0.2315 to $0.2432 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price. Milton C. Ault, III, is the Chief Executive Officer of Ault & Company, Inc. ("Ault & Co.") and is deemed to beneficially own the shares held by Ault & Co. Each share of Class B Common Stock is convertible into one share of Class A Common Stock. The Class B Common Stock does not expire. Received as stock dividend from Issuer. As of November 20, 2025, the Series C Conversion Price was $0.324 per share, so each share of Series C Convertible Preferred Stock is convertible into approximately 3,086.42 shares of Class A Common Stock. Each share of Series C Convertible Preferred Stock has a stated value of $1,000.00 and is convertible into shares of Class A Common Stock at a conversion price equal to the greater of (i) $0.10 per share and (ii) the lesser of (A) $183.58 or (B) 105% of the volume weighted average price of the Class A Common Stock during the ten trading days immediately prior to the date of conversion (the "Series C Conversion Price"). The Series C Conversion Price is subject to adjustment in the event of an issuance of Class A Common Stock at a price per share lower than the Series C Conversion Price then in effect, as well as upon customary stock splits, stock dividends, combinations or similar events. The Series C Convertible Preferred Stock has no expiration date. As of November 20, 2025, the Series G Conversion Price was $0.324 per share, so each share of Series G Convertible Preferred Stock is convertible into approximately 3,086.42 shares of Class A Common Stock. Each share of Series G Convertible Preferred Stock has a stated value of $1,000.00 and is convertible into shares of Class A Common Stock at a conversion price equal to the greater of (i) $0.10 per share and (ii) the lesser of (A) $6.74 or (B) 105% of the volume weighted average price of the Class A Common Stock during the ten trading days immediately prior to the date of conversion (the "Series G Conversion Price"). The Series G Conversion Price is subject to adjustment in the event of an issuance of Class A Common Stock at a price per share lower than the Series G Conversion Price then in effect, as well as upon customary stock splits, stock dividends, combinations or similar events. The Series G Convertible Preferred Stock has no expiration date As of November 20, 2025, the Series H Conversion Price was $0.324 per share, so each share of Series H Convertible Preferred Stock is convertible into approximately 3,086.42 shares of Class A Common Stock. Each share of Series H Convertible Preferred Stock has a stated value of $1,000.00 and is convertible into shares of Class A Common Stock at a conversion price equal to the greater of (i) $0.10 per share and (ii) the lesser of (A) $0.79645 or (B) 105% of the volume weighted average price of the Class A Common Stock during the ten trading days immediately prior to the date of conversion (the "Series H Conversion Price"). The Series H Conversion Price is subject to adjustment in the event of an issuance of Class A Common Stock at a price per share lower than the Series H Conversion Price then in effect, as well as upon customary stock splits, stock dividends, combinations or similar events. The Series H Convertible Preferred Stock has no expiration date. The October 2023, the Series C Warrants and the Series G Warrants have a five-year term, expiring on the fifth anniversary of the date of issuance, and become exercisable on the first business day after the six-month anniversary of the date of issuance.
FAQ
What insider transactions did GPUS executive Milton C. Ault III report?
Milton C. Ault III reported buying 500 shares of Hyperscale Data, Inc. common stock at $0.37 on 09/11/2025, 3,800 shares at a volume-weighted average price of $0.2363 and 205,656 shares at $0.2372 on 11/18/2025, and 50,000 shares at $0.229 on 11/19/2025 through Ault & Company, Inc.
What is Ault & Company, Inc.’s role in these GPUS holdings?
Ault & Company, Inc. holds common and derivative securities of Hyperscale Data, Inc., and Milton C. Ault III, as its Chief Executive Officer, is deemed to beneficially own the shares held by Ault & Company under the reporting rules.
What derivative securities linked to GPUS did Milton C. Ault III report?
He reported Class B common stock convertible into Class A common stock, Series C, G and H convertible preferred stock, and several warrant series, including 422,337 shares underlying Series C Warrants, 162,217 shares underlying Series G Warrants, and 54,498 shares underlying October 2023 Warrants.
Do the GPUS preferred and warrant securities reported have expiration dates?
The Series C, G and H Convertible Preferred Stock have no expiration date. The October 2023 Warrants, Series C Warrants and Series G Warrants have five-year terms, expiring on the fifth anniversary of issuance and becoming exercisable on the first business day after the six-month anniversary of issuance.