Ault & Company Acquires Over 10 Million Shares of Hyperscale Data at $0.50 Per Share
Ault & Company has purchased approximately 10.4 million shares of Hyperscale Data, Inc., paying $0.50 per share in a private transaction valued at around $5.2 million. The purchase includes both Class A and B common stock from an institutional seller without the issuance of new shares by Hyperscale Data. The acquisition price represents a 204% premium to the closing price of Hyperscale Data's Class A stock on September 30, 2026. Following this transaction, Ault & Company now owns approximately 63.90% of the company’s Class A common stock. Milton 'Todd' Ault III emphasized his confidence in the long-term value of Hyperscale Data and highlighted its diverse business segments beyond data centers, including crane rental, defense operations, hotel management, lending, and digital assets.
Tickers: $GPUS
Topics: ownership increase private transaction share purchase stock price premium