Hyperscale Data, Inc. - 12 Oct 2022 Form 4 Insider Report for IMPERALIS HOLDING CORP. (IMHC)

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III, Executive Chairman
Issuer symbol
IMHC
Transactions as of
12 Oct 2022
Net transactions value
+$2,040
Form type
4
Filing time
14 Oct 2022, 16:30:23 UTC
Previous filing
12 Oct 2022
Next filing
17 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMHC Common Stock Conversion of derivative security $109,901 +10,990,142 +66603% $0.0100 11,006,643 12 Oct 2022 By Ault Lending, LLC F1, F2
transaction IMHC Common Stock Purchase $885 +3,499 +0.03% $0.2528* 11,010,142 12 Oct 2022 By Ault Lending, LLC F2, F3
transaction IMHC Common Stock Purchase $1,155 +5,000 +0.05% $0.2310* 11,015,142 13 Oct 2022 By Ault Lending, LLC F2
holding IMHC Common Stock 129,363,756 12 Oct 2022 By BitNile, Inc. F4

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 IMHC Convertible Promissory Note Conversion of derivative security $109,901 0 12 Oct 2022 Common Stock 10,990,142 $0.0100 By Ault Lending, LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Hyperscale Data, Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Ault Lending, LLC, formerly known as Digital Power Lending, LLC ("Ault Lending"), converted the entire principal and accrued interest of the Convertible Promissory Note into 10,990,142 shares of the Issuer's common stock at a conversion price of $0.01 per share. The original principal amount of the Convertible Promissory Note was $101,528.77, accrued interest at 10% per annum, and had a maturity date of December 15, 2023.
F2 Ault Lending is a wholly-owned subsidiary of BitNile Holdings, Inc. ("BH"). Mr. Ault, the Executive Chairman of BH, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
F3 The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.2528. The range of purchase prices on the transaction date was $0.252 to $0.255 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
F4 BitNile, Inc. ("BNI") is a wholly-owned subsidiary of BH. Mr. Ault, the Executive Chairman of BH, is deemed to have voting and investment power with respect to the securities held of record by BNI.