Hyperscale Data Inc. Announces Conversion of Series B Preferred into 205,000 Class A Shares and Class B into 359 Class A Shares, Plus Issuance of 145,000 Class A Shares from Convertible Note

Reuters
14 Jun
Hyperscale Data Inc. Announces Conversion of Series B Preferred into 205,000 Class A Shares and Class B into 359 Class A Shares, Plus Issuance of 145,000 Class A Shares from Convertible Note

Between June 5 and June 12, 2025, Hyperscale Data Inc. conducted several share transactions. The company issued 205,000 shares of Class A Common Stock upon conversion of approximately 720.26925 shares of Series B Convertible Preferred Stock. Additionally, 359 shares of Class A Common Stock were issued upon conversion of an equal number of shares of Class B Common Stock. On June 5, 145,000 shares of Class A Common Stock were issued upon conversion of an outstanding convertible note valued at $281,521. All transactions were conducted in reliance on exemptions from registration requirements under the Securities Act. As of June 12, 2025, Hyperscale Data Inc. had 3,151,372 shares of Class A Common Stock outstanding. The other parties involved in these transactions are not specified in the document.

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