Hyperscale Data Inc. Converts Notes and Preferred Stock into Over 2.9 Million Class A Shares

Reuters
25 Jul
<a href="https://laohu8.com/S/GPUS">Hyperscale Data</a> Inc. Converts Notes and Preferred Stock into Over 2.9 Million Class A Shares

Hyperscale Data Inc. recently completed several share transactions. Between July 16 and July 22, 2025, the company issued a total of 620,000 shares of Class A Common Stock upon converting $527,511 of an outstanding convertible note. Additionally, from July 17 to July 22, 2025, 2,325,000 shares of Class A Common Stock were issued upon the conversion of approximately 1,735.88 shares of Series B Convertible Preferred Stock. During the same period, 2,874 shares of Class A Common Stock were issued upon conversion of an equal number of shares of Class B Common Stock. The transactions were executed under exemptions from registration requirements of the Securities Act. As of July 23, 2025, Hyperscale Data Inc. had 22,262,757 shares of Class A Common Stock outstanding. The document does not specify the other parties or the price of the shares, besides the convertible note conversion amount.

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: 0001214659-25-010884), on July 24, 2025, and is solely responsible for the information contained therein.

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