8-KFiled Aug 19, 8:00 PM ET
Hyperscale Data, Inc. Announces 1-for-5 Reverse Stock Split
$GPUS · Hyperscale Data, Inc.Research Summary
AI-generated summary of this SEC filing
Hyperscale Data, Inc. Announces 1-for-5 Reverse Stock Split
What Happened
- Hyperscale Data, Inc. (GPUS) announced amendments to its Certificate of Incorporation to effect a reverse stock split of its Class A and Class B common stock at a 1-for-5 ratio. The Company’s stockholders previously approved a reverse split range (1-for-2 to 1-for-5) at a special meeting on March 18, 2026, and the Board delegated final ratio selection to Company officers.
- The Class A amendment was filed with the Delaware Secretary of State on August 19, 2026 and becomes effective in Delaware at 11:59 PM ET on August 24, 2026; Class A shares will trade on a split-adjusted basis on the NYSE American beginning with the market open on August 25, 2026.
Key Details
- Ratio and timing: Final ratio set at 1-for-5 by the Company’s Authorized Officers (Aug 13–14, 2026); both Class A and Class B amendments filed Aug 19, 2026; effective Aug 24, 2026 (11:59 PM ET).
- Class A shares outstanding: reduced from approximately 679,910,173 to ~135,981,983 shares. New Class A CUSIP: 09175M 879. Trading split-adjusted on NYSE American beginning Aug 25, 2026.
- Class B shares outstanding: reduced from approximately 23,878,628 to ~4,775,727 shares. New Class B CUSIP: 09175M 861. Class B shares do not trade on the NYSE American.
- Impact on securities: No change to authorized shares or par value; all options, warrants, and similar instruments convertible into either class will be proportionally adjusted.
Why It Matters
- The reverse split reduces the number of outstanding shares and will proportionally increase the per-share price, but it does not change shareholders’ proportional ownership or the Company’s authorized share count. Investors should note the effective date (Aug 24, 2026) and the first trading day on a split-adjusted basis (Aug 25, 2026) for Class A. Existing option and warrant holders will see proportional adjustments to their instruments per the filing.