Hyperscale Data Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
17 Enero 2025 - 5:30AM
Hyperscale Data, Inc. (NYSE American: GPUS), a diversified
holding company (“
Hyperscale Data” or the
“
Company”), today announced that its Board of
Directors (the “
Board”) has declared a monthly
cash dividend of $0.2708333 per share of the Company’s outstanding
13.00% Series D Cumulative Redeemable Perpetual Preferred Stock.
The record date for this dividend is January 31, 2025, and the
payment date is Monday, February 10, 2025.
Link to NYSE quote for the Company’s 13.00%
Series D Cumulative Redeemable Perpetual Preferred Stock:
https://www.nyse.com/quote/XASE:GPUSpD
The Company further announced today that the
Board has declared a monthly cash dividend of $0.20833 per share of
the Company’s outstanding 10.00% Series E Cumulative Redeemable
Perpetual Preferred Stock (the “Series E Preferred
Stock”). The declared dividend is for the previously
deferred dividend for the month ended December 31, 2024. As the
Series E Preferred Stock was issued on December 9, 2024, the
declared monthly cash dividend will be prorated for the month,
resulting in a cash dividend of $0.15278 per share. The record date
for this dividend is January 31, 2025, and the payment date is
Monday, February 10, 2025.
In addition, the Board has elected not to
declare a monthly cash dividend on the Series E Preferred Stock for
the month ending January 31, 2025. The certificate of designations
for the Series E Preferred Stock permits the Company to defer up to
12 consecutive monthly dividend payments on the Series E Preferred
Stock without such deferrals being considered missed. The Company
notes that the dividend is a cumulative dividend that accrues
for payment in the future.
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)
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