8-KAccepted Sep 30, 6:30 AM ET
Hyperscale Data Enters Loan Amendment; $21M Additional Loan
Accepted (ET)
6:30 AM
Sep 30, 2026
Filed
Sep 30, 2026
Documents
13
Size
730.8 KB
Summary
Hyperscale Data Enters Loan Amendment; $21M Additional Loan
What Happened
Hyperscale Data, Inc. (GPUS) filed an 8‑K reporting an amendment to its existing Loan and Guaranty Agreement on September 29, 2026. Under the Eighth Amendment, Ault & Company, Inc. (an affiliate of Hyperscale) borrowed an additional $21.0 million and issued secured promissory notes totaling $22,580,645. The amendment also extends the maturity date for all loans under the agreement to December 14, 2027. The loans (including the Additional Loan) are secured by collateral from certain Hyperscale guarantors and related security, pledge and mortgage documents.
Key Details
- Additional Loan amount: $21,000,000 borrowed by Ault & Company, Inc.; promissory notes issued in the aggregate of $22,580,645.
- Maturity extended: all loans under the Loan Agreement now mature on December 14, 2027.
- Guarantors and parties: Hyperscale subsidiaries (Sentinum, Alliance Cloud, Ault Capital, BNI Montana, Ault Lending, Ault Aviation, AGREE) joined as guarantors; Milton C. Ault, III and Scott Soura also agreed to guaranty repayment.
- Collateral and related transaction: Ault & Co. intends to use proceeds to fund a loan to Rockwell One Holdings, LLC secured by a leasehold mortgage and related guarantees on the LaGrange, Georgia manufacturing property (Rockwell/Blackrod/“Remington” operations); those security interests will support repayment of the Notes. Ault & Co. may repay the Additional Loan to free the Rockwell security.
Why It Matters
This amendment creates new, material indebtedness and expands the parties who guarantee repayment, which increases Hyperscale’s consolidated contingent obligations and secured exposure tied to real estate and related third‑party leases. The maturity extension provides additional time before repayment is due, but investors should note the added secured claims on the Rockwell property and that affiliates (Ault & Co.) are primary borrowers in the transaction. The filing incorporates the amendment document by reference (Exhibit 10.1) for full terms; omitted annexes/schedules are available to the SEC on request.