Hyperscale Data Secures $12.8 Million Convertible Note Financing Led by JGB Capital

Reuters
2025/12/03
<a href="https://laohu8.com/S/GPUS">Hyperscale Data</a> Secures $12.8 Million Convertible Note Financing Led by JGB Capital

Hyperscale Data Inc., along with its subsidiaries Sentinum, Inc. and Alliance Cloud Services, LLC (ACS), has entered into a new Note Purchase Agreement with JGB Capital, LP, JGB Partners, LP, and JGB Capital Offshore Ltd., with JGB Collateral, LLC acting as agent. Under the agreement, Hyperscale Data borrowed $12,768,000 from the investors and issued secured convertible promissory notes, bearing an annual interest rate of 12.5% and maturing on November 30, 2027. The transaction also included an original issue discount of $768,000. Additionally, ACS and the agent executed a Second Priority Future Advance Mortgage on ACS's Dowagiac, Michigan property, and a Subordination Agreement was established to subordinate ACS's obligations to Ault Lending in favor of the new investors. The agreement follows a previous Loan and Guaranty Agreement and its Seventh Amendment involving company affiliates and investor affiliates.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyperscale Data Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001214659-25-017512), on December 02, 2025, and is solely responsible for the information contained therein.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10