[SCHEDULE 13D/A] Hyperscale Data, Inc. SEC Filing
Hyperscale Data, Inc. Schedule 13D/A (Amendment No. 10) discloses that Ault & Company, Inc. and affiliated reporting persons collectively beneficially own a majority economic interest in the issuer. The filing reports Ault & Company may be deemed to beneficially own 131,446,273 Class A shares (representing 82.21% of the Class A shares on a conversion basis) and Mr. Milton C. Ault, III may be deemed to beneficially own 131,449,069 Class A shares (82.22%). Based on reported outstanding securities, Ault & Company and Mr. Ault control 57.18% of total voting power. The filing details purchases of preferred stock and warrants totaling $50,000,000 for Series C, $960,000 for Series G and $4,000,000 for Series H, and describes prior convertible notes and warrants; certain conversions are limited by NYSE American rules.
Hyperscale Data, Inc. - Il Schedule 13D/A (Emendamento n. 10) indica che Ault & Company, Inc. e i soggetti correlati che presentano la dichiarazione detengono congiuntamente la maggioranza dell'interesse economico nell'emittente. Il deposito segnala che Ault & Company può essere considerata beneficiaria di 131.446.273 azioni di Classe A (pari al 82,21% delle azioni di Classe A su base di conversione) e che il Sig. Milton C. Ault, III può essere considerato beneficiario di 131.449.069 azioni di Classe A (82,22%). In base ai titoli in circolazione riportati, Ault & Company e il Sig. Ault controllano il 57,18% del potere di voto totale. Il documento descrive acquisti di azioni privilegiate e warrant per un totale di $50.000.000 per la Serie C, $960.000 per la Serie G e $4.000.000 per la Serie H, e riferisce precedenti note convertibili e warrant; alcune conversioni sono soggette ai limiti delle regole della NYSE American.
Hyperscale Data, Inc. - El Schedule 13D/A (Enmienda n.º 10) revela que Ault & Company, Inc. y las personas vinculadas que informan poseen colectivamente la mayoría del interés económico en el emisor. La presentación informa que Ault & Company puede considerarse la beneficiaria de 131.446.273 acciones Clase A (representando el 82,21% de las Clase A en base a conversión) y que el Sr. Milton C. Ault, III puede considerarse beneficiario de 131.449.069 acciones Clase A (82,22%). Según los valores en circulación reportados, Ault & Company y el Sr. Ault controlan el 57,18% del poder de voto total. El documento detalla compras de acciones preferentes y warrants por $50.000.000 para la Serie C, $960.000 para la Serie G y $4.000.000 para la Serie H, y describe notas convertibles y warrants previos; ciertas conversiones están limitadas por las normas de la NYSE American.
Hyperscale Data, Inc. - Schedule 13D/A(수정� 10�)� Ault & Company, Inc.와 관� 보고자가 발행회사� 대� 경제� 과반 지분을 공동 보유하고 있음� 공시합니�. 제출서류� 따르� Ault & Company� 131,446,273 클래� A 주식� 실질적으� 보유� 것으� 간주� � 있으�(전환 기준 클래� A� 82.21%), Milton C. Ault, III� 131,449,069 클래� A 주식(82.22%)� 실질적으� 보유� 것으� 간주� � 있습니다. 보고� 발행주식� 기준으로 Ault & Company와 Mr. Ault� � 의결권의 57.18%� 통제합니�. 서류� 시리� C� 대� $50,000,000, 시리� G� 대� $960,000, 시리� H� 대� $4,000,000� 해당하는 우선� � 워런� 매입� 상세� 설명하고 있으�, 이전� 전환사채 � 워런트도 기술하고 있습니다; 일부 전환은 NYSE American 규정� 의해 제한됩니�.
Hyperscale Data, Inc. - Le Schedule 13D/A (Amendement n°10) révèle qu'Ault & Company, Inc. et les personnes affiliées déclarantes détiennent conjointement la majorité de l'intérêt économique dans l'émetteur. Le dépôt indique qu'Ault & Company peut être présumée bénéficier de 131 446 273 actions de Classe A (éԳٲԳ 82,21% des actions de Classe A sur une base de conversion) et que M. Milton C. Ault, III peut être présumé détenir 131 449 069 actions de Classe A (82,22%). Sur la base des titres en circulation déclarés, Ault & Company et M. Ault contrôlent 57,18% du pouvoir de vote total. Le dossier détaille des achats d'actions privilégiées et de bons de souscription pour un total de $50 000 000 pour la Série C, $960 000 pour la Série G et $4 000 000 pour la Série H, et décrit des billets convertibles et des warrants antérieurs; certaines conversions sont limitées par les règles de la NYSE American.
Hyperscale Data, Inc. - Das Schedule 13D/A (Änderung Nr. 10) legt offen, dass Ault & Company, Inc. und die zu meldenden verbundenen Personen zusammenmehrheitlich wirtschaftliches Interesse am Emittenten halten. Die Einreichung berichtet, dass Ault & Company möglicherweise wirtschaftlicher Eigentümer von 131.446.273 Class-A-Aktien ist (das entspricht 82,21% der Class-A-Aktien auf Umtauschbasis) und Herr Milton C. Ault, III möglicherweise wirtschaftlicher Eigentümer von 131.449.069 Class-A-Aktien (82,22%). Basierend auf den gemeldeten ausstehenden Wertpapieren kontrollieren Ault & Company und Herr Ault 57,18% der gesamten Stimmrechte. Die Einreichung beschreibt Käufe von Vorzugsaktien und Warrants in Höhe von insgesamt $50.000.000 für Serie C, $960.000 für Serie G und $4.000.000 für Serie H und erwähnt frühere wandelbare Schuldverschreibungen und Warrants; bestimmte Umwandlungen sind durch NYSE American-Regeln eingeschränkt.
- Ault & Company provided substantial capital to the issuer through multiple financings, including a $50,000,000 Series C purchase
- Clear documentation of securities and agreements (Series C, G, H SPAs, warrants, purchase agreements and prior notes are attached or incorporated)
- Extremely concentrated ownership: Ault & Company and Mr. Ault collectively control a large majority economic position (82.21% of Class A on conversion) and 57.18% of voting power
- Potential dilution and governance risk for other shareholders due to large convertible preferred and warrant positions
- Conversion limitations: 4,467,508 Class A shares issuable on Series H conversion are excluded from the beneficial total due to NYSE American conversion limits, which may complicate timing of conversions
Insights
TL;DR: Ault & Company holds dominant economic and voting exposure via convertible preferreds and warrants, creating concentrated ownership and potential dilution.
The filing shows Ault & Company beneficially owning 131.45 million Class A shares on a conversion basis (~82.21% of Class A on conversion) and controlling 57.18% of voting power when factoring multi-class voting and outstanding convertible securities. Material financings include a $50.0 million Series C purchase, $960k Series G and $4.0 million Series H purchases, plus warrants and earlier convertible notes. For investors, this means governance and capital-structure outcomes will be strongly influenced by Ault's decisions; conversion mechanics and NYSE American conversion limits are important constraints described in the filing.
TL;DR: The holder has near-de facto control through convertible instruments and substantial preferred investments, which is material to strategic direction.
Ault & Company's aggregated position—supported by Series C, G and H preferred issuances and warrants—creates a controlling stake in both economic exposure and voting outcomes. The filing documents multiple securities purchase agreements and note transactions that established these positions, including a $50 million Series C financing. The concentration presents potential for coordinated corporate actions, restructurings or transaction approvals driven by the reporting persons; NYSE conversion limitations and specified conversion-price formulas are described and may affect timing or scope of any conversion-driven changes.
Hyperscale Data, Inc. - Il Schedule 13D/A (Emendamento n. 10) indica che Ault & Company, Inc. e i soggetti correlati che presentano la dichiarazione detengono congiuntamente la maggioranza dell'interesse economico nell'emittente. Il deposito segnala che Ault & Company può essere considerata beneficiaria di 131.446.273 azioni di Classe A (pari al 82,21% delle azioni di Classe A su base di conversione) e che il Sig. Milton C. Ault, III può essere considerato beneficiario di 131.449.069 azioni di Classe A (82,22%). In base ai titoli in circolazione riportati, Ault & Company e il Sig. Ault controllano il 57,18% del potere di voto totale. Il documento descrive acquisti di azioni privilegiate e warrant per un totale di $50.000.000 per la Serie C, $960.000 per la Serie G e $4.000.000 per la Serie H, e riferisce precedenti note convertibili e warrant; alcune conversioni sono soggette ai limiti delle regole della NYSE American.
Hyperscale Data, Inc. - El Schedule 13D/A (Enmienda n.º 10) revela que Ault & Company, Inc. y las personas vinculadas que informan poseen colectivamente la mayoría del interés económico en el emisor. La presentación informa que Ault & Company puede considerarse la beneficiaria de 131.446.273 acciones Clase A (representando el 82,21% de las Clase A en base a conversión) y que el Sr. Milton C. Ault, III puede considerarse beneficiario de 131.449.069 acciones Clase A (82,22%). Según los valores en circulación reportados, Ault & Company y el Sr. Ault controlan el 57,18% del poder de voto total. El documento detalla compras de acciones preferentes y warrants por $50.000.000 para la Serie C, $960.000 para la Serie G y $4.000.000 para la Serie H, y describe notas convertibles y warrants previos; ciertas conversiones están limitadas por las normas de la NYSE American.
Hyperscale Data, Inc. - Schedule 13D/A(수정� 10�)� Ault & Company, Inc.와 관� 보고자가 발행회사� 대� 경제� 과반 지분을 공동 보유하고 있음� 공시합니�. 제출서류� 따르� Ault & Company� 131,446,273 클래� A 주식� 실질적으� 보유� 것으� 간주� � 있으�(전환 기준 클래� A� 82.21%), Milton C. Ault, III� 131,449,069 클래� A 주식(82.22%)� 실질적으� 보유� 것으� 간주� � 있습니다. 보고� 발행주식� 기준으로 Ault & Company와 Mr. Ault� � 의결권의 57.18%� 통제합니�. 서류� 시리� C� 대� $50,000,000, 시리� G� 대� $960,000, 시리� H� 대� $4,000,000� 해당하는 우선� � 워런� 매입� 상세� 설명하고 있으�, 이전� 전환사채 � 워런트도 기술하고 있습니다; 일부 전환은 NYSE American 규정� 의해 제한됩니�.
Hyperscale Data, Inc. - Le Schedule 13D/A (Amendement n°10) révèle qu'Ault & Company, Inc. et les personnes affiliées déclarantes détiennent conjointement la majorité de l'intérêt économique dans l'émetteur. Le dépôt indique qu'Ault & Company peut être présumée bénéficier de 131 446 273 actions de Classe A (éԳٲԳ 82,21% des actions de Classe A sur une base de conversion) et que M. Milton C. Ault, III peut être présumé détenir 131 449 069 actions de Classe A (82,22%). Sur la base des titres en circulation déclarés, Ault & Company et M. Ault contrôlent 57,18% du pouvoir de vote total. Le dossier détaille des achats d'actions privilégiées et de bons de souscription pour un total de $50 000 000 pour la Série C, $960 000 pour la Série G et $4 000 000 pour la Série H, et décrit des billets convertibles et des warrants antérieurs; certaines conversions sont limitées par les règles de la NYSE American.
Hyperscale Data, Inc. - Das Schedule 13D/A (Änderung Nr. 10) legt offen, dass Ault & Company, Inc. und die zu meldenden verbundenen Personen zusammenmehrheitlich wirtschaftliches Interesse am Emittenten halten. Die Einreichung berichtet, dass Ault & Company möglicherweise wirtschaftlicher Eigentümer von 131.446.273 Class-A-Aktien ist (das entspricht 82,21% der Class-A-Aktien auf Umtauschbasis) und Herr Milton C. Ault, III möglicherweise wirtschaftlicher Eigentümer von 131.449.069 Class-A-Aktien (82,22%). Basierend auf den gemeldeten ausstehenden Wertpapieren kontrollieren Ault & Company und Herr Ault 57,18% der gesamten Stimmrechte. Die Einreichung beschreibt Käufe von Vorzugsaktien und Warrants in Höhe von insgesamt $50.000.000 für Serie C, $960.000 für Serie G und $4.000.000 für Serie H und erwähnt frühere wandelbare Schuldverschreibungen und Warrants; bestimmte Umwandlungen sind durch NYSE American-Regeln eingeschränkt.