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Hyperscale Data Suspends June 18 At-The-Market Offering With Spartan Capital Securitie

Benzinga·10/22/2026 20:26:39
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Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence ("AI") data center company ("Hyperscale Data" or the "Company"), today announced that it has suspended the At-the-Market Offering ("ATM") provided for in the Issuance Sales Agreement, dated June 18, 2026 (as amended on October 9, 2026, the "Agreement"), by and between the Company and Spartan Capital Securities, LLC, as sales agent (the "Agent"), with regards to sales of the Company's Class A common stock, par value $0.001 per share (the "Common Stock"), under the Agreement. The Company has sold approximately 127.2 million shares of Common Stock and raised approximately $50.6 million in gross proceeds, or approximately $0.3975 per share, pursuant to the ATM.