Hyperscale Data (GPUS) Enters up to $50M in New Equity Financing

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Hyperscale Data Enters into an Agreement for up to $50 Million in New Equity Financing to Accelerate Buildout of Artificial Intelligence Data Center in Michigan

April 1, 2025 6:30 AM EDT

LAS VEGAS, April 01, 2025 (GLOBE NEWSWIRE) -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (Hyperscale Data or the Company), today announced it has entered into an agreement for up to $50 million in new equity financing from a single, unaffiliated institutional investor (the Investor). The Investor has committed to purchasing up to 50,000 shares of newly designated Series B... More