Ault & Company, Inc. Invests $55M in Hyperscale Data, Lifts Stake to ~62%
Ault & Company invested $55M in Hyperscale Data via convertible preferred stock and, with affiliates, now beneficially owns about 62%. It may buy up to an additional $96M of Series H preferred, subject to conditions.Material DetailsContext by AI AnalystThis is an escalation of insider-backed fundin…