Ault Milton C III - Jan 3, 2025 Form 4 Insider Report for Hyperscale Data, Inc. (GPUS)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Milton C. Ault, III
Stock symbol
GPUS
Transactions as of
Jan 3, 2025
Transactions value $
$960,000
Form type
4
Date filed
6/20/2025, 06:59 PM
Previous filing
Jan 6, 2025
Next filing
Mar 14, 2025
SEC
View on sec.gov

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
AULT MILTON C III Executive Chairman, Director, 10%+ Owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 190, LAS VEGAS /s/ Milton C. Ault, III 2025-06-20 0001212502
Ault & Company, Inc. 10%+ Owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 190, LAS VEGAS /s/ Milton C. Ault, III, Chief Executive Officer of Ault & Company, Inc. 2025-06-20 0001734770

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GPUS Series G Convertible Preferred Stock Award $495K +495 $1,000.00 495 Jan 3, 2025 Common Stock By Ault & Company, Inc. F1, F2, F3, F4
transaction GPUS Series G Warrants Award $0 +83.6K $0.00 83.6K Jan 3, 2025 Common Stock 83.6K $5.92 By Ault & Company, Inc. F4
transaction GPUS Series G Convertible Preferred Stock Award $365K +365 +73.74% $1,000.00 860 Jan 6, 2025 Common Stock By Ault & Company, Inc. F1, F2, F3, F4
transaction GPUS Series G Warrants Award $0 +61.7K +73.74% $0.00 145K Jan 6, 2025 Common Stock 61.7K $5.92 By Ault & Company, Inc. F4
transaction GPUS Series G Convertible Preferred Stock Award $100K +100 +11.63% $1,000.00 960 Apr 10, 2025 Common Stock By Ault & Company, Inc. F1, F2, F3, F4
transaction GPUS Series G Warrants Award $0 +16.9K +11.63% $0.00 162K Apr 10, 2025 Common Stock 16.9K $5.92 By Ault & Company, Inc. F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series G Convertible Preferred Stock has a stated value of $1,000.00 and is convertible into shares of Common Stock at a conversion price equal to the greater of (i) $0.10 per share and (ii) the lesser of (A) $6.74 or (B) 105% of the volume weighted average price of the Common Stock during the ten trading days immediately prior to the date of conversion (the "Conversion Price"). The Conversion Price is subject to adjustment in the event of an issuance of Common Stock at a price per share lower than the Conversion Price then in effect, as well as upon customary stock splits, stock dividends, combinations or similar events.
F2 The Series G Convertible Preferred Stock has no expiration date.
F3 As of June 20, 2025, the Conversion Price was $1.0721 per share, so each share of Series G Convertible Preferred Stock is convertible into approximately 932.75 shares of Common Stock.
F4 Milton C. Ault, III, is the Chief Executive Officer of Ault & Company, Inc. ("Ault & Co.") and is deemed to beneficially own the shares held by Ault & Co.

Remarks:

Mr. Ault, Chief Executive Officer of Ault & Co., is a director of the Issuer. For purposes of Section 16 of the Exchange Act, Ault & Co. may be deemed a director by deputization by virtue of its representation on the Board of Directors of the Issuer.