Hyperscale Data Announces 32 Consecutive Monthly Cash Dividend Payments Timely Paid for Series D Cumulative Redeemable Perpetual Preferred Stock
12 February 2025 - 10:30PM
Hyperscale Data, Inc. (NYSE American: GPUS), a diversified
holding company (“
Hyperscale Data” or the
“
Company”), today announced that it has
successfully paid 32 consecutive monthly cash dividends for its
13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
(the “
Series D Preferred Stock”). Dividends on the
Series D Preferred Stock are cumulative and are payable out of
amounts legally available therefor at a rate equal to 13.00% per
annum per $25.00 of stated liquidation preference per share, or
$0.2708333 per share of Series D Preferred Stock per month.
Milton “Todd” Ault III, Founder and Executive
Chairman of the Company, stated, “The Company continues to reaffirm
its commitment to enhancing its overall credit profile and making
timely dividend payments on the Series D Preferred Stock. I want to
highlight to all stockholders that the current yield on the Series
D Preferred Stock is 21.05% based upon a closing price of $15.44 on
February 11, 2025. I am confident in the long-term nature of the
Series D Preferred Stock and am very proud of the Company’s track
record with respect to the Series D Preferred Stock.”
Link to NYSE quote for the Company’s 13.00%
Series D Cumulative Redeemable Perpetual Preferred Stock:
https://www.nyse.com/quote/XASE:GPUSpD
For more information on Hyperscale Data and its
subsidiaries, Hyperscale Data recommends that stockholders,
investors, and any other interested parties read Hyperscale Data’s
public filings and press releases available under the Investor
Relations section at hyperscaledata.com or available at
www.sec.gov.
About Hyperscale Data, Inc.
Hyperscale Data is transitioning from a
diversified holding company pursuing growth by acquiring
undervalued businesses and disruptive technologies with a global
impact to becoming solely an owner and operator of data centers to
support high performance computing services. Through its wholly and
majority-owned subsidiaries and strategic investments, Hyperscale
Data owns and operates a data center at which it mines digital
assets and offers colocation and hosting services for the emerging
artificial intelligence ecosystems and other industries. It also
provides, through its wholly owned subsidiary, Ault Capital Group,
Inc., mission-critical products that support a diverse range of
industries, including an artificial intelligence software platform,
social gaming platform, equipment rental services,
defense/aerospace, industrial, automotive, medical/biopharma and
hotel operations. In addition, Hyperscale Data is actively engaged
in private credit and structured finance through a licensed lending
subsidiary. Hyperscale Data’s headquarters are located at 11411
Southern Highlands Parkway, Suite 240, Las Vegas, NV
89141; Hyperscale Data, Inc.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These forward-looking statements generally
include statements that are predictive in nature and depend upon or
refer to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the
date they are made, and the Company undertakes no obligation to
update any of them publicly in light of new information or future
events. Actual results could differ materially from those contained
in any forward-looking statement as a result of various factors.
More information, including potential risk factors, that could
affect the Company’s business and financial results are included in
the Company’s filings with the U.S. Securities and Exchange
Commission, including, but not limited to, the Company’s Forms
10-K, 10-Q and 8- K. All filings are available at www.sec.gov and
on the Company’s website at www.hyperscaledata.com.
Hyperscale Data Investor
Contact:IR@hyperscaledata.com or 1-888-753-2235
Hyperscale Data (AMEX:GPUS)
Historical Stock Chart
From Jan 2025 to Feb 2025
Hyperscale Data (AMEX:GPUS)
Historical Stock Chart
From Feb 2024 to Feb 2025