Every material Form 8-K Hyperscale Data, Inc. has filed with the SEC since September 30, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Hyperscale Data entered a note purchase agreement dated November 6, 2026 with an institutional investor for convertible notes with an aggregate face amount of $27,027,027.03, including original issue discount. The first note closed the same day, and the notes convert into Class A common stock at a discount to market price, which could dilute existing shareholders.
Initial note: $10,810,810.81 principal for a $10,000,000 purchase price, closed November 6, 2026
Second note: $5,405,405.41 principal for a $5,000,000 purchase price, expected on or around November 16, 2026
Conversion at the lower of $0.30 or a 10% discount to the lowest 5-day VWAP, with a $0.1025 floor; issuance capped at 19.99% of outstanding shares unless stockholders approve
Notes accrue 8% interest and mature February 5, 2027, extending to May 5, 2027 after stockholder approval
Hyperscale Data, Inc. (NYSE American: GPUS) declared monthly 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. Both are payable November 10, 2026, to holders of record on October 31, 2026. The filing covers routine preferred dividend payments and does not report financial results.
Series D dividend: $0.2708333 per share, monthly, on 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
Series E dividend: $0.20833 per share, monthly, on 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock
Record date October 31, 2026; payment date November 10, 2026
Hyperscale Data (NYSE American: GPUS) amended its at-the-market stock sale agreement with Spartan Capital Securities, LLC, reducing the maximum amount it may sell from $300 million to $100 million, including shares already sold. The company said it does not currently believe the additional $200 million of capacity is necessary, and it plans to fund part of its Michigan AI data center buildout with debt, which could support project debt of $100 million to $150 million, according to preliminary estimates.
The company has sold 121,827,841 shares under the program for about $49.8 million in gross proceeds, or about $0.41 per share.
The amendment is dated October 9, 2026, and was announced in a press release on October 12, 2026.
CEO Will Horne said the reduction is intended to limit dilution to existing stockholders.
Preliminary estimates indicate the Michigan facility could support project debt financing of $100 million to $150 million.
Hyperscale Data and its subsidiaries signed an amendment on September 29, 2026 to their existing loan agreement with JGB-affiliated lenders. Affiliate Ault & Company borrowed an additional $21 million and issued notes totaling $22,580,645, and the maturity of all loans under the agreement was extended to December 14, 2027. The added debt is secured by collateral owned by the guarantors, and the proceeds are to fund a loan to Rockwell One Holdings secured by a Georgia manufacturing facility.
Ault & Company, an affiliate of the Company, borrowed an additional $21 million and issued secured notes totaling $22,580,645 to the lenders.
Maturity of all loans under the Loan Agreement extended to December 14, 2027.
Additional loan is secured by collateral from certain Hyperscale guarantors, including mortgages on owned properties; Milton C. Ault, III and Scott Soura also agreed to guarantee repayment of the notes.
Ault & Company intends to lend the proceeds to Rockwell One Holdings, secured by a first-priority leasehold mortgage on a LaGrange, Georgia property.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Hyperscale Data, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →