Hyperscale Data, Inc. SEC Filings

Ault & Company and Milton C. Ault, III report beneficial ownership of a controlling economic interest in Hyperscale Data, Inc. The filing discloses that Ault & Company may be deemed to beneficially own 147,504,946 Class A Shares, representing 71.48% of the Class A shares on a conversion basis. Mr. Ault individually may be deemed to beneficially own 147,520,342 Class A Shares, or 71.49%. The group also holds convertible preferred stock and warrants purchased for stated aggregate amounts, including $50,000,000 for Series C preferred stock, supporting potential conversion into large numbers of Class A shares. For voting power purposes, the reporting persons state they control 42.00% of total voting power due to Class B shares carrying ten votes each and NYSE American conversion limitations on certain preferred conversions.

Milton C. Ault III and Ault & Company, Inc. reported open-market purchases of Hyperscale Data, Inc. (GPUS) common stock on September 15 and September 17, 2025. Mr. Ault purchased 6,000 shares on 09/15/2025 at a volume-weighted average price of $0.5165 and 3,000 shares on 09/17/2025 at a VWAP of $0.4036, with the filing disclosing the intra-day price ranges for each transaction. After these transactions, Mr. Ault beneficially owned 15,050 shares directly, and Ault & Company, Inc. is shown as indirectly owning 19,249 shares; the reporting persons also hold 116 shares of Series D preferred stock. The form identifies Mr. Ault as Executive Chairman, a director and a >10% owner and is signed on 09/17/2025.

Hyperscale Data, Inc. converted preferred and Class B shares into additional Class A common stock and declared cash dividends on two preferred series. Between late August and mid-September 2025, it issued 8,700,000 Class A shares from 3,505.32 Series B Convertible Preferred shares and 260 Class A shares from Class B common shares under a private placement exemption. As of September 17, 2025, Class A shares outstanding were 58,872,039. The company also announced cash dividends of $0.2708333 per share on its 13.00% Series D preferred stock and $0.20833 per share on its 10.00% Series E preferred stock, with a record date of September 30, 2025 and payment on October 10, 2025.

Milton C. Ault III, Executive Chairman and 10% owner of Hyperscale Data, Inc. (GPUS), reported open-market purchases of the company’s common stock on September 8-9, 2025. He purchased 2,600 shares on 09/08/2025 at a volume-weighted average price of $0.4040 (range $0.4035–$0.4044) and 1,000 shares on 09/09/2025 at $0.3753, resulting in 6,050 shares held directly after these transactions. The filing also reports 19,249 shares beneficially owned indirectly by Ault & Company, Inc., of which Mr. Ault is CEO and is deemed to beneficially own those shares. The report lists 116 shares of 13% Series D Cumulative Redeemable Perpetual Preferred Stock as held directly. The Form 4 discloses the purchases were open-market transactions and includes an undertaking to provide detailed per-price purchase breakdowns upon request.

Insider Form 4 disclosure for Hyperscale Data, Inc. (GPUS) shows reporting persons Milton C. Ault, III and Ault & Company, Inc. reporting transactions dated 09/02/2025 and related ownership as of 09/04/2025. The filing records the acquisition of 4,000 shares of Series H Convertible Preferred Stock and lists multiple convertible securities and warrants held indirectly by Ault & Company, including Series C Convertible Preferred (convertible into ~2,383.93 Class A shares per preferred share), Series G Convertible Preferred (same conversion ratio), Series C Warrants convertible into 422,337 common shares, Series G Warrants convertible into 162,217 common shares, October 2023 Warrants convertible into 54,498 common shares, and 4,234,561 Class B common shares held indirectly. The filing explains conversion prices, stated values, exercisability and that Class B shares convert one-for-one into Class A common stock.

Hyperscale Data, Inc. Schedule 13D/A (Amendment No. 10) discloses that Ault & Company, Inc. and affiliated reporting persons collectively beneficially own a majority economic interest in the issuer. The filing reports Ault & Company may be deemed to beneficially own 131,446,273 Class A shares (representing 82.21% of the Class A shares on a conversion basis) and Mr. Milton C. Ault, III may be deemed to beneficially own 131,449,069 Class A shares (82.22%). Based on reported outstanding securities, Ault & Company and Mr. Ault control 57.18% of total voting power. The filing details purchases of preferred stock and warrants totaling $50,000,000 for Series C, $960,000 for Series G and $4,000,000 for Series H, and describes prior convertible notes and warrants; certain conversions are limited by NYSE American rules.

Hyperscale Data, Inc. entered into its first closing under a previously signed Securities Purchase Agreement with affiliate Ault & Company, Inc.. On September 2, 2025, the company sold 4,000 shares of its Series H convertible preferred stock to Ault & Company for $4,000,000, providing new capital to the business.

The Agreement allows Ault & Company to purchase up to $100 million of Series H convertible preferred stock in one or more closings, so additional investments may occur over time. The Series H terms and the Agreement were previously described in a filing made on August 1, 2025, and this transaction was completed under an exemption from Securities Act registration.

Hyperscale Data, Inc. (GPUS) files a prospectus supplement describing an at-the-market offering of Class A common stock and disclosing that a majority of any net proceeds are intended to be used to acquire Bitcoin and to develop a Michigan data facility. A smaller portion may be used to acquire XRP and for working capital, including potential repayment or repurchase of indebtedness or capital stock. The document lists multiple operating segments (Fintech, Sentinum Bitcoin mining/data centers, AGREE real estate, Energy/Circle 8, ROI including askROI and social gaming, TurnOnGreen/EV charging) and highlights numerous material risks, including reliance on Bitcoin price and demand, regulatory and environmental risks for mining, need for additional capital, business-model evolution, senior-management dependence and NYSE American listing requirements. Gemini custody and monthly fees in Bitcoin are mentioned. The prospectus emphasizes broad management discretion over proceeds and repeated investor risk warnings.

Hyperscale Data, Inc. disclosed that it entered into an At-the-Market Issuance Sales Agreement with Wilson-Davis & Co., Inc. The filing lists related exhibits including the sales agreement, a legal opinion from Olshan Frome Wolosky LLP, that firm’s consent, a press release, and Inline XBRL cover-page files. The company identifies the agreement as a material definitive agreement and notes Regulation FD disclosure and the furnishing of exhibits.

This filing provides the formal documentation for the company’s ability to offer and sell shares through an at-the-market program via the named placement agent and supplies the legal opinion and press release as filed exhibits. No proceeds, offering size, or financial results are included in the provided text.