Ault & Company, Inc. Announces an Increased Majority Stake in Hyperscale Data, Inc.
Ault & Company has increased its controlling stake in Hyperscale Data (NYSE: GPUS) to 91.7% of beneficial ownership as of January 3, 2025. The stake consists of 13,900,765 shares of Class A Common stock, including direct ownership, convertible shares, and warrants.
The increased ownership includes Class B Common stock received as dividends and recent purchases of Preferred Shares. Hyperscale Data is transitioning to become solely an owner and operator of data centers supporting high-performance computing services.
The stake comprises 8,249 shares of Class A Common, 4,234,561 shares convertible from Class B Common, 9,140,771 shares from Series C Preferred conversion, 88,494 shares from Series G Preferred conversion, and 428,690 shares from outstanding warrants.
Ault & Company ha aumentato la sua partecipazione di controllo in Hyperscale Data (NYSE: GPUS) al 91,7% della propriet脿 beneficiaria a partire dal 3 gennaio 2025. La partecipazione consiste in 13.900.765 azioni di Classe A Common, comprendendo la propriet脿 diretta, azioni convertibili e warrant.
L'aumento della propriet脿 include azioni di Classe B Common ricevute come dividendi e acquisti recenti di azioni privilegiate. Hyperscale Data sta transizionando per diventare esclusivamente proprietaria e operatrice di centri dati a supporto dei servizi di calcolo ad alte prestazioni.
La partecipazione comprende 8.249 azioni di Classe A Common, 4.234.561 azioni convertibili da Classe B Common, 9.140.771 azioni dalla conversione di azioni privilegiate di Serie C, 88.494 azioni dalla conversione di azioni privilegiate di Serie G e 428.690 azioni da warrant in circolazione.
Ault & Company ha aumentado su participaci贸n de control en Hyperscale Data (NYSE: GPUS) al 91,7% de propiedad beneficiaria a partir del 3 de enero de 2025. La participaci贸n consiste en 13.900.765 acciones de Clase A Com煤n, incluyendo propiedad directa, acciones convertibles y warrants.
El aumento de la propiedad incluye acciones de Clase B Com煤n recibidas como dividendos y compras recientes de acciones preferentes. Hyperscale Data est谩 en proceso de convertirse exclusivamente en propietario y operador de centros de datos que apoyan servicios de computaci贸n de alto rendimiento.
La participaci贸n comprende 8.249 acciones de Clase A Com煤n, 4.234.561 acciones convertibles de Clase B Com煤n, 9.140.771 acciones de conversi贸n de acciones preferentes de Serie C, 88.494 acciones de conversi贸n de acciones preferentes de Serie G, y 428.690 acciones de warrants no ejercidos.
Ault & Company電 2025雲 1鞗 3鞚 旮办鞙茧 Hyperscale Data (NYSE: GPUS)鞚 歆氚 歆攵勳潉 91.7%搿 歃濌皜鞁滌及鞀惦媹雼. 鞚 歆攵勳潃 13,900,765欤检潣 A 韥措灅鞀 氤错喌欤茧, 歆侅爲 靻岇湢, 鞝勴櫂 臧電ロ暅 欤检嫕 氚 鞗岆煱韸鸽ゼ 韽暔頃╇媹雼.
歃濌皜霅 靻岇湢鞐愲姅 氚半嫻旮堨溂搿 氚涭潃 B 韥措灅鞀 氤错喌欤检檧 斓滉芳鞐 甑Г頃 鞖办劆欤缄皜 韽暔霅╇媹雼. Hyperscale Data電 瓿犾劚電 旎错摠韺 靹滊箘鞀るゼ 歆鞗愴晿電 雿办澊韯 靹柬劙鞚 靻岇湢鞛愳澊鞛 鞖挫榿鞛愲 鞝勴櫂頃橁碃 鞛堨姷雼堧嫟.
鞚 歆攵勳棎電 8,249欤检潣 A 韥措灅鞀 氤错喌欤, 4,234,561欤检潣 B 韥措灅鞀 氤错喌欤茧攵韯 鞝勴櫂 臧電ロ暅 欤检嫕, 9,140,771欤检潣 C 鞁滊Μ歃 鞖办劆欤检潣 鞝勴櫂 欤检嫕, 88,494欤检潣 G 鞁滊Μ歃 鞖办劆欤检潣 鞝勴櫂 欤检嫕 氚 428,690欤检潣 鞙犿毃頃 鞗岆煱韸戈皜 韽暔霅╇媹雼.
Ault & Company a augment茅 sa participation de contr么le dans Hyperscale Data (NYSE: GPUS) 脿 91,7% de la propri茅t茅 b茅n茅ficiaire depuis le 3 janvier 2025. Cette participation se compose de 13.900.765 actions ordinaires de Classe A, comprenant la propri茅t茅 directe, les actions convertibles et les warrants.
Cette augmentation de propri茅t茅 inclut des actions de Classe B ordinaires re莽ues en tant que dividendes et des achats r茅cents d'Actions Privil茅gi茅es. Hyperscale Data est en train de devenir uniquement propri茅taire et op茅rateur de centres de donn茅es soutenant des services de calcul haute performance.
La participation comprend 8.249 actions ordinaires de Classe A, 4.234.561 actions convertibles de Classe B, 9.140.771 actions converties de la S茅rie C des Actions Privil茅gi茅es, 88.494 actions converties de la S茅rie G des Actions Privil茅gi茅es, et 428.690 actions provenant de warrants en circulation.
Ault & Company hat seinen Mehrheitsanteil an Hyperscale Data (NYSE: GPUS) zum 3. Januar 2025 auf 91,7% des wirtschaftlichen Eigentums erh枚ht. Der Anteil besteht aus 13.900.765 Aktien der Klasse A Common, einschlie脽lich direkter Eigent眉merschaft, umwandelbaren Aktien und Warrants.
Der erh枚hte Besitz beinhaltet die durch Dividenden erhaltenen Klasse B Common Aktien sowie j眉ngste K盲ufe von Vorzugsaktien. Hyperscale Data befindet sich im 脺bergang, um ausschlie脽lich Eigent眉mer und Betreiber von Rechenzentren f眉r Hochleistungsrechenservices zu werden.
Der Anteil setzt sich aus 8.249 Aktien der Klasse A Common, 4.234.561 umwandelbaren Aktien der Klasse B Common, 9.140.771 Aktien aus der Umwandlung von Serie C Vorzugsaktien, 88.494 Aktien aus der Umwandlung von Serie G Vorzugsaktien und 428.690 ausstehenden Warrants zusammen.
- Increased controlling stake to 91.7% demonstrates strong investor confidence
- Strategic transition to focus solely on data center operations and high-performance computing
- Company received dividend distribution in form of Class B Common stock
- High ownership concentration (91.7%) may limit stock liquidity for other investors
- Complex share structure with multiple share classes and convertible preferred stocks
Insights
For investors, this level of ownership concentration presents both opportunities and risks. The strong backing from Ault & Company provides financial stability and strategic direction, particularly valuable in the capital-intensive data center sector. However, the high ownership concentration may result in reduced float and potentially lower trading liquidity for minority shareholders.
The transition to focus solely on data center operations for high-performance computing aligns with growing market demand, particularly given the surge in AI and machine learning applications requiring substantial computing power. This strategic pivot could position GPUS to capture value in a rapidly expanding market segment.
The timing is particularly relevant as the industry faces unprecedented demand for AI-optimized data center capacity. By focusing exclusively on this segment, GPUS could potentially capture significant market share in a high-growth sector. The consolidation of ownership under Ault & Company could accelerate decision-making and capital deployment for critical infrastructure expansion.
This specialization in high-performance computing infrastructure positions GPUS to potentially benefit from the ongoing AI compute demand surge, which shows no signs of slowing. The strategy to focus solely on data centers suggests a clear understanding of where the market is heading and the infrastructure requirements needed to support next-generation computing workloads.
LAS VEGAS, Jan. 07, 2025 (GLOBE NEWSWIRE) -- (鈥Ault & Company鈥), today announced that it has increased its controlling stake in Hyperscale Data, Inc. (鈥Hyperscale Data鈥), a diversified holding company transitioning to becoming solely an owner and operator of data centers to support high performance computing services. Hyperscale Data trades publicly on the NYSE American under the symbol GPUS. This acquisition reinforces Ault & Company鈥檚 commitment to investing in emerging technologies that shape the future of data infrastructure.
As of January 3, 2025, Ault & Company beneficially owned 13,900,765 shares of Hyperscale Data鈥檚 class A common stock (鈥Class A Common鈥), which represented
鈥淚ncreasing our majority stake in Hyperscale Data aligns with our strategic vision to expand our footprint in the data technology sector,鈥 said Milton C. Ault, III, Chief Executive Officer of Ault & Company. 鈥淲e are excited to contribute to Hyperscale Data鈥檚 growth and leverage our resources to enhance their capabilities.鈥
The transaction highlights Ault & Company鈥檚 active pursuit to enhance its portfolio with investments in high-potential technology-driven enterprises. Hyperscale Data is poised to broaden its service offerings under the strategic guidance of Ault & Company, focusing on delivering enhanced data solutions to businesses.
For further details on Ault & Company鈥檚 ownership of Hyperscale Data, please reference the Schedule 13D/A Amendment No. 9, filed with the U.S. Securities and Exchange Commission on January 6, 2025 by Ault & Company and its affiliates.
The principal business of Ault & Company is investing in securities.聽Ault & Company, together with its affiliates (including, Milton C. Ault III, Hyperscale Data鈥檚 Executive Chairman, William Horne, Hyperscale Data鈥檚 Chief Executive Officer and Vice Chairman, Henry Nisser, Hyperscale Data鈥檚 President, General Counsel and Director and Ken Cragun, Hyperscale Data鈥檚 Chief Financial Officer).
This press release is for informational purposes only and shall not constitute an offer to buy or sell common stock or any other securities.
Forward-Looking Statements
This press release contains 鈥渇orward-looking statements鈥 within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as 鈥渂elieves,鈥 鈥減lans,鈥 鈥渁nticipates,鈥 鈥減rojects,鈥 鈥渆stimates,鈥 鈥渆xpects,鈥 鈥渋ntends,鈥 鈥渟trategy,鈥 鈥渇uture,鈥 鈥渙pportunity,鈥 鈥渕ay,鈥 鈥渨ill,鈥 鈥渟hould,鈥 鈥渃ould,鈥 鈥減otential,鈥 鈥渃onsidering,鈥 or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and Ault & Company undertakes no obligation to update any of them publicly in light of new information or future events other than as required by applicable law. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors.
Ault & Company Investor Contact
FAQ
What is Hyperscale Data's (GPUS) new ownership structure after Ault & Company's increased stake?
How many shares of GPUS does Ault & Company control through convertible preferred stock?
What is Hyperscale Data's (GPUS) new business focus?
How did Ault & Company increase its GPUS ownership stake?
