Hyperscale Data, an AI data center company, announced a $300 million at-the-market equity offering program to fund expan

Hyperscale Data, Inc., trading on NYSE American under the ticker GPUS, has established an at-the-market equity offering program allowing the company to sell up to $300 million in common stock shares. Spartan Capital Securities, LLC will serve as the sales agent, facilitating transactions on the NYSE American at prevailing market prices.

The company intends to allocate a majority of net proceeds from the offering toward further development of its data facilities in Michigan and Montana, acquisition of additional Bitcoin, and purchase of precious metals including gold, silver, and copper. A smaller portion of proceeds will support working capital, general corporate purposes, and potential repayment or refinancing of future debt or capital stock. Management maintains broad discretion over the timing and application of proceeds.

The offering is conducted under a shelf registration statement, File No. 333-291595, which became effective on December 11, 2025. Prospectus materials and prospectus supplements are available without charge through the SEC's EDGAR database at www.sec.gov, or potential investors may contact Spartan Capital Securities at 45 Broadway, 19th Floor, New York, New York 10006, telephone (212) 293-0123, or via email to Eric Flesche, President.

Hyperscale Data operates a data center through its wholly owned subsidiary Sentinum, which mines digital assets and provides colocation and hosting services for AI ecosystems and other industries. The company's other subsidiary, Ault Capital Group, Inc., is a diversified holding company acquiring undervalued businesses and disruptive technologies. Hyperscale Data anticipates divesting ACG in the second quarter of 2027, when the company would become focused on data center operations and digital asset holdings. Until the divestiture, ACG provides mission-critical products across industries including AI software, social gaming, equipment rental, defense and aerospace, industrial, automotive, medical and biopharma sectors, and hotel operations, along with private credit and structured finance services.

On December 23, 2024, the company issued one million shares of Series F Exchangeable Preferred Stock to common stockholders and Series C Preferred Stock holders on an as-converted basis. The planned divestiture will occur through voluntary exchange of these Series F shares for ACG Class A and Class B Common Stock, with only those shareholders who surrender such shares in the exchange offer becoming shareholders of ACG.