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Hyperscale Data plans tokenized offering of up to 1,340,947 Series D preferred shares for $33.5 million gross proceeds
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Hyperscale Data plans tokenized offering of up to 1,340,947 Series D preferred shares for $33.5 million gross proceeds
  • Hyperscale Data outlined plans to tokenize up to 1,340,947 shares of its 13.00% Series D preferred stock.
  • Potential gross proceeds of about USD 33.5 million, based on an assumed USD 25.00 per-share offering price.
  • Proceeds earmarked for development and expansion of the Michigan AI data center campus, with some funds potentially for working capital.
  • Series D is perpetual, trades under GPUS PD, pays a 13.00% cumulative dividend on a USD 25.00 liquidation preference.
  • Management flagged higher preferred dividend obligations, while noting the preferred stock is generally non-convertible into Class A common stock.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyperscale Data Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610140600PR_NEWS_USPR_____SF71911) on October 14, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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