Hyperscale Data Completes $50 Million of the Aggregate $75 Million Preferred Equity Investment from Ault & Company
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Hyperscale Data, Inc. (NYSE American: GPUS) has completed a $50 million preferred equity investment from Ault & Company, issuing 50,000 shares of Series C Convertible Preferred Stock. This is part of a larger $75 million investment plan.
December 26, 2024 | 11:45 am
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Hyperscale Data has secured a $50 million investment from Ault & Company, issuing Series C Convertible Preferred Stock. This investment is part of a $75 million plan, potentially strengthening the company's financial position.
The completion of a significant $50 million investment from Ault & Company is likely to positively impact Hyperscale Data's stock price in the short term. This investment strengthens the company's financial position and indicates investor confidence.
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