Hyperscale Data Secures Up to $100 Million Financing to Expand Data Center Operations
Hyperscale Data Secures Up to $100 Million Financing for Growth
On August 1, 2025, Hyperscale Data, Inc. (NYSE American: GPUS), a prominent diversified holding company, announced a pivotal agreement that will provide it with financing of up to $100 million through a Securities Purchase Agreement with Ault Company, Inc. This significant infusion of capital is intended for the company to upgrade its MI data center infrastructure and reciprocate outstanding debts while supporting general working capital.
Details of the Financing Agreement
Hyperscale Data's arrangement with Ault Company allows them to issue up to $100 million in shares of Series H Convertible Preferred Stock. These preferred shares will hold a stated value of $1,000 each and, with shareholder approval, can be converted into common stock at a predetermined conversion price. This price is defined as either $0.10 per share or a percentage above the average market price prior to conversion, whichever is greater. The series will also offer
Topics General Business）
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