Hyperscale and Ault group disclose 41.6% YY Group (YYGH) ownership in amended filing
Rhea-AI Filing Summary
YY Group Holding Ltd. (YYGH) received an updated ownership filing showing a large shareholder group holding a significant stake. Hyperscale Data, Inc., together with related entities Ault Capital Group, Ault Lending, Alpha Fund and affiliated managers, reports beneficial ownership of 1,819,532 Class A ordinary shares, representing 41.6% of the 4,371,392 shares outstanding as of April 24, 2026. Within this group, Alpha Fund holds 180,000 shares (4.1%) and Ault Lending holds 1,639,532 shares (37.5%), with all entities reporting zero sole voting or dispositive power and full authority classified as shared. The filing also discloses that Alpha Fund’s 180,000 shares were acquired for an aggregate purchase price of $184,287 in open-market transactions, while Ault Lending’s 1,639,532 shares were acquired for an aggregate purchase price of $(11,392), including brokerage commissions. The amendment notes that no additional transactions have occurred since the prior amendment other than those listed in an exhibit.
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Insights
A single investor group reports shared control over 41.6% of YYGH.
The amended Schedule 13D shows Hyperscale Data, Inc. and affiliated Ault and Alpha entities collectively beneficially owning 1,819,532 Class A shares, or 41.6% of YY Group Holding Ltd.'s 4,371,392 shares outstanding as of April 24, 2026. Voting and dispositive powers are reported as entirely shared across the reporting persons.
Such a concentrated position can give this group substantial influence over shareholder matters, depending on meeting turnout and other holders. The filing also ties the ownership chain through Alpha Fund, Ault Lending, Ault Capital, Alpha Management, Alpha GP, Hyperscale, and individual reporting person Milton C. Ault III, each "may be deemed" to beneficially own the same block.
The amendment states that Alpha Fund acquired 180,000 shares for an aggregate $184,287, and Ault Lending acquired 1,639,532 shares for an aggregate $(11,392), both with working capital that may include margin loans. Subsequent filings, including Exhibit 1 referenced here, provide the detailed transaction history supporting these positions.