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Hyperscale Data Enters into an Agreement for a Financing of up to $25 Million
GPUSHyperscale Data, Inc.(GPUS) Newsfilter·2024-12-23 11:30

LAS VEGAS, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE:GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), announced today that it has entered into a Securities Purchase Agreement (the "Agreement") providing for up to 25 million of financing (the "Financing") from Ault & Company, Inc., a related party ("A&C"). Pursuant to the Agreement, Hyperscale Data has agreed to issue and sell to A&C up to 25 million in shares of Series G Convertible Preferred Stock (the "Prefe ...