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Hyperscale Data Announces Suspension of Its At-the-Market Offering


Hyperscale Data Announces Suspension of Its At-the-Market Offering
  • by: PR Newswire
  • |
  • October 23, 2026

Hyperscale Data, Inc. artificial intelligence data center company, today announced that it has suspended At-the-Market Offering ATM provided for in Issuance Sales Agreement, dated June 18, 2026 (as amended on October 9, 2026, Agreement), by and between Company and Spartan Capital Securities, LLC, as sales agent, with regards to sales of Company's Class A common stock, par value $0.001 per share, under Agreement. Company has sold approximately 127.2 million shares of Common Stock and raised approximately $50.6 million in gross proceeds, or approximately $0.3975 per share, pursuant to ATM.

Quick Intel

  • Hyperscale Data announces suspension of At-the-Market offering
  • Suspended Issuance Sales Agreement dated June 18 2026 with Spartan Capital Securities as sales agent
  • Sold approximately 127.2M shares of Class A common stock raising $50.6M gross proceeds at $0.3975 per share
  • Company may evaluate capital markets options in future as appropriate and in best interests of stockholders
  • Owns and operates data center through Sentinum offering colocation and hosting for AI ecosystems
  • Expects divestiture of Ault Capital Group ACG to occur in 2027 becoming pure data center operator

Capital Markets Update

Company may evaluate capital markets options in future as appropriate and in best interests of Company and stockholders. Press release shall not constitute offer to sell or solicitation of offer to buy, nor shall there be any sale of shares of Common Stock in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under securities laws of any such state or other jurisdiction.

Through wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates data center at which it offers colocation and hosting services for emerging AI ecosystems and other industries. Another wholly owned subsidiary, Ault Capital Group, Inc. ACG, is hybrid private equity firm and operating company that acquires, finances, builds and actively manages businesses across financial services, digital assets, industrial services, hospitality, defense technologies and other sectors.

Hyperscale Data currently expects divestiture of ACG to occur in 2027. Upon occurrence of Divestiture, Company would be owner and operator of data centers to support high-performance computing services, as well as holder of digital assets and third wholly owned subsidiary Omnipresent Robotics, LLC. Until Divestiture occurs, Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support diverse range of industries, including AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG actively engaged in private credit and structured finance through Ault Lending, LLC, licensed lending subsidiary.

 

About Hyperscale Data, Inc.

Hyperscale Data headquarters located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

  • Capital MarketsAI Data CenterAult Capital
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