Hyperscale Data, Inc. filings document material-event disclosures, operating updates, governance actions and capital-structure matters for the GPUS issuer. Recent Form 8-K reports cover Regulation FD communications, preliminary financial information, investor presentations, shareholder meeting results and amendments to the company’s certificate of incorporation affecting authorized Class A common stock.
The filing record also identifies the company’s exchange-listed Class A common stock and 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock on NYSE American. Additional disclosures include formal notices tied to annual-report timing and recurring public-company reporting obligations.
Hyperscale Data, Inc. filed a notice that it will submit its Form 10-Q for the quarter ended June 30, 2025 after the deadline, citing that compiling and reviewing the required information on time would have caused undue hardship and expense. The company expects a significant change in results, with revenue of approximately $51 million for the six months ended June 30, 2025, down about 9% from $56 million a year earlier, mainly due to an estimated $10 million decline in digital asset mining revenue following the April 2024 Bitcoin halving.
Loss from continuing operations improved to about $17 million from $23 million, and estimated net loss available to common stockholders narrowed to roughly $27 million from $33 million. Operating expenses fell to about $28 million from $38 million, driven by lower impairment charges, reduced general and administrative costs, and the wind-down or deconsolidation of certain subsidiaries. Segment revenue was largely stable, including roughly $25 million from Circle 8 Crane Services and $9 million from hotel and real estate operations for both periods, while lending and trading activities swung from negative $1 million to positive $2 million.
Filing type: Schedule 13G/A (Amendment 2) disclosing changes in beneficial ownership of Class A Common Stock of Hyperscale Data, Inc. (CUSIP 09175M804).
Reporting persons: Esousa Group Holdings LLC and its managing member Michael Wachs.
Key disclosure: Both reporting persons now beneficially own 0 shares, representing 0 % of the outstanding Class A common shares. They report no sole or shared voting or dispositive power.
- Trigger date: 30 June 2025.
- Purpose of filing: Certification that ownership has fallen below the 5 % threshold, requiring an updated Schedule 13G filing.
- Certification: The securities were not acquired to influence or change control of the issuer.
Implications for investors: The departure of a previously significant shareholder may signal reduced insider confidence or capital re-allocation, potentially exerting near-term selling pressure. However, it also increases public float and could improve liquidity. No other financial metrics, operational updates or transactional details are provided in this filing.
Milton C. Ault III, Executive Chairman and 10% owner of Hyperscale Data (GPUS), reported multiple acquisitions of derivative securities through Ault & Company in early 2025:
- January 3: Acquired 495 Series G Convertible Preferred shares ($1,000/share) and 83,643 Series G Warrants
- January 6: Added 365 Preferred shares and 61,676 Warrants
- April 10: Purchased 100 more Preferred shares and 16,898 Warrants
The Series G Preferred shares are convertible to common stock at the greater of $0.10 or 105% of 10-day VWAP, capped at $6.74. As of June 20, 2025, conversion price was $1.0721, making each preferred share convertible to ~932.75 common shares. The warrants have a $5.918 exercise price and 5-year terms. All securities are held indirectly through Ault & Company, where Ault serves as CEO.
Milton C. Ault III, Executive Chairman and 10% owner of Hyperscale Data (GPUS), reported multiple acquisitions of derivative securities between October 2024 and December 2024 through Ault & Company.
Key transactions include:
- Acquisition of 3,750 Series C Convertible Preferred Stock shares (total value: $3.75M) with conversion price determined by market conditions
- Receipt of 47,845 Series C Warrants with exercise price of $118.3875, exercisable between April 2025 and December 2029
- Acquisition of 4,234,561 Class B Common Stock shares as stock dividend, carrying 10x voting power compared to Class A shares
Post-transactions, Ault & Company holds 50,000 Series C Preferred shares, 422,337 warrants, and over 4.2M Class B shares. All transactions were indirect through Ault & Company, where Milton Ault serves as CEO. Figures reflect adjustment for 1-for-35 reverse stock split executed November 22, 2024.