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 (Ref. ID: 202610140600PR_NEWS_USPR_____SF71911) on October 14, 2026, and is solely responsible for the information contained therein. (C)