Hyperscale Data CEO Says Received Inquiries From Wide Range Of Companies Interested In Exploring Our Michigan Facility; Engaged In Discussions With Potential IO Companies Interested In Leasing Michigan Data Center; Plan To Distribute Remaining Non-Core Assets To Stockholders Via One Or More Special Distributions
Portfolio Pulse from Benzinga Newsdesk
Hyperscale Data is in discussions with various companies interested in leasing its Michigan data center. The company plans to distribute remaining non-core assets to stockholders through special distributions.
September 23, 2024 | 3:11 pm
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Hyperscale Data is engaging with potential companies for leasing its Michigan data center and plans to distribute non-core assets to stockholders.
The news indicates potential revenue from leasing the Michigan facility and a shareholder-friendly move with special distributions, likely boosting investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100