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 po