Hyperscale Data, Inc. Announces Dividend and Deferral for Series D and Series E Preferred Stock – 8-K Filing Analysis

On December 20, 2024, Hyperscale Data, Inc., operating under the NYSE American symbol GPUS, issued a statement via an official SEC Form 8-K filing. The company announced a cash dividend of $0.2708333 per share to holders of its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. This dividend has a record date of December 31, 2024, with a payment date scheduled for January 10, 2025.

Additionally, Hyperscale Data revealed its decision to defer the monthly cash dividend for its 10.00% Series E Cumulative Redeemable Perpetual Preferred Stock for the month ending December 31, 2024. The certificate of designations for the Series E Preferred Stock allows the company to defer up to 12 consecutive monthly dividend payments without them being considered missed.

The company’s Board of Directors emphasized the commitment to consistent dividend payments. The announcement highlighted that the dividend payment for the Series D Preferred Stock marks the 30th consecutive dividend payment without any misses since its inception in June 2022. Discussing the deferral of the Series E Preferred Stock dividend, the company mentioned that it was anticipated due to the nature of the Permitted Deferrals included in the certificate of designations. Hyperscale Data plans to declare and pay out the deferred dividend sometime in 2025.

For further insights into Hyperscale Data and its subsidiaries, stakeholders are encouraged to review the company’s public filings and press releases under the Investor Relations section on hyperscaledata.com or through www.sec.gov.

Hyperscale Data, Inc. is currently shifting its focus from a diversified holding company to solely owning and operating data centers that support high-performance computing services. The company’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141.

The SEC filing also cautions that forward-looking statements contained in the press release are subject to risks and uncertainties and suggests interested parties review the Company’s filings with the U.S. Securities and Exchange Commission for a comprehensive understanding.

For any investor inquiries, Hyperscale Data can be contacted at [email protected] or 1-888-753-2235.

This announcement is based on the details provided in the Form 8-K filed by Hyperscale Data, Inc., on December 20, 2024, and the accompanying press release furnished with the filing.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Ault Global’s 8K filing here.

Ault Global Company Profile

Ault Global Holdings, Inc engages in the design, development, manufacture, and sale of customized and flexible power system solutions for the medical, military, telecom, and industrial markets. It operates through the following segments: DPC, DPL, Enertec, Digital Farms, and I.AM. The DPC segment includes Microphase, Coolisys, Power-Plus, and DP Lending.