Hyperscale Data, Inc.(GPUS)

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Hyperscale Data Plans to Issue a $16.25 Million Stated Value Special Dividend of 10% Series E Cumulative Redeemable Perpetual Preferred Stock
GlobeNewswire News Room· 2024-11-06 11:30
LAS VEGAS, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today announced that it plans to issue a special one-time dividend of a newly designated 10% Series E Cumulative Redeemable Perpetual Preferred Stock (the “Series E Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred on an as-converted basis. The Series E Preferred Stock is expected to have a $25 stated value ...