AULT MILTON C III - 04 Oct 2024 Form 4 Insider Report for Hyperscale Data, Inc. (GPUS)

Signature
/s/ Milton C. Ault, III
Issuer symbol
GPUS
Transactions as of
04 Oct 2024
Transactions value $
$5,700,000
Form type
4
Filing time
20 Jun 2025, 18:55:33 UTC
Previous filing
04 Oct 2024
Next filing
22 Nov 2024

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 20 Jun 2025 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. 20 Jun 2025 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 C Convertible Preferred Stock Award $350K +350 +0.79% $1,000.00 44.7K 04 Oct 2024 Common Stock By Ault & Company, Inc. F1, F2, F3, F5
transaction GPUS Series C Warrants Award $0 +2.96K +0.79% $0.00 377K 04 Oct 2024 Common Stock 2.96K $118.39 By Ault & Company, Inc. F4, F5
transaction GPUS Series C Convertible Preferred Stock Award $500K +500 +1.12% $1,000.00 45.2K 10 Oct 2024 Common Stock By Ault & Company, Inc. F1, F2, F3, F5
transaction GPUS Series C Warrants Award $0 +4.22K +1.12% $0.00 381K 10 Oct 2024 Common Stock 4.22K $118.39 By Ault & Company, Inc. F4, F5
transaction GPUS Series C Convertible Preferred Stock Award $450K +450 +1% $1,000.00 45.6K 18 Oct 2024 Common Stock By Ault & Company, Inc. F1, F2, F3, F5
transaction GPUS Series C Warrants Award $0 +3.8K +1% $0.00 385K 18 Oct 2024 Common Stock 3.8K $118.39 By Ault & Company, Inc. F4, F5
transaction GPUS Series C Convertible Preferred Stock Award $100K +100 +0.22% $1,000.00 45.7K 22 Oct 2024 Common Stock By Ault & Company, Inc. F1, F2, F3, F5
transaction GPUS Series C Warrants Award $0 +845 +0.22% $0.00 386K 22 Oct 2024 Common Stock 845 $118.39 By Ault & Company, Inc. F4, F5
transaction GPUS Series C Convertible Preferred Stock Award $95K +95 +0.21% $1,000.00 45.8K 13 Nov 2024 Common Stock By Ault & Company, Inc. F1, F2, F3, F5
transaction GPUS Series C Warrants Award $0 +802 +0.21% $0.00 387K 13 Nov 2024 Common Stock 802 $118.39 By Ault & Company, Inc. F4, F5
transaction GPUS Series C Convertible Preferred Stock Award $735K +735 +1.6% $1,000.00 46.5K 15 Nov 2024 Common Stock By Ault & Company, Inc. F1, F2, F3, F5
transaction GPUS Series C Warrants Award $0 +6.21K +1.6% $0.00 393K 15 Nov 2024 Common Stock 6.21K $118.39 By Ault & Company, Inc. F4, F5
transaction GPUS Series C Convertible Preferred Stock Award $400K +400 +0.86% $1,000.00 46.9K 19 Nov 2024 Common Stock By Ault & Company, Inc. F1, F2, F3, F5
transaction GPUS Series C Warrants Award $0 +3.38K +0.86% $0.00 396K 19 Nov 2024 Common Stock 3.38K $118.39 By Ault & Company, Inc. F4, F5
transaction GPUS Series C Convertible Preferred Stock Award $50K +50 +0.11% $1,000.00 47K 21 Nov 2024 Common Stock By Ault & Company, Inc. F1, F2, F3, F5
transaction GPUS Series C Warrants Award $0 +422 +0.11% $0.00 397K 21 Nov 2024 Common Stock 422 $118.39 By Ault & Company, Inc. F4, F5
transaction GPUS Series C Convertible Preferred Stock Award $570K +570 +1.21% $1,000.00 47.6K 04 Dec 2024 Common Stock By Ault & Company, Inc. F1, F2, F3, F5
transaction GPUS Series C Warrants Award $0 +4.82K +1.21% $0.00 402K 04 Dec 2024 Common Stock 4.82K $118.39 By Ault & Company, Inc. F5
transaction GPUS Series C Convertible Preferred Stock Award $50K +50 +0.11% $1,000.00 47.6K 10 Dec 2024 Common Stock By Ault & Company, Inc. F1, F2, F3, F5
transaction GPUS Series C Warrants Award $0 +422 +0.11% $0.00 402K 10 Dec 2024 Common Stock 422 $118.39 By Ault & Company, Inc. F5
transaction GPUS Series C Convertible Preferred Stock Award $500K +500 +1.05% $1,000.00 48.1K 12 Dec 2024 Common Stock By Ault & Company, Inc. F1, F2, F3, F5
transaction GPUS Series C Warrants Award $0 +4.22K +1.05% $0.00 406K 12 Dec 2024 Common Stock 4.22K $118.39 By Ault & Company, Inc. F5
transaction GPUS Class B Common Stock Award $0 +4.23M $0.00 4.23M 16 Dec 2024 Common Stock 4.23M $0.00 By Ault & Company, Inc. F5, F6, F7
transaction GPUS Series C Convertible Preferred Stock Award $1.9M +1.9K +3.95% $1,000.00 50K 20 Dec 2024 Common Stock By Ault & Company, Inc. F1, F2, F3, F5
transaction GPUS Series C Warrants Award $0 +16K +3.95% $0.00 422K 20 Dec 2024 Common Stock 16K $118.39 By Ault & Company, Inc. F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series C 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) $306.25 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 C 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 C Convertible Preferred Stock is convertible into approximately 932.75 shares of Common Stock.
F4 All price and ownership figures have been adjusted for the 1-for-35 reverse stock split on November 22, 2024.
F5 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.
F6 The Class B Common Stock does not expire.
F7 Received as stock dividend from Issuer.

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. Each share of Class B Common Stock carries 10 times the voting power of a share of Class A Common Stock.