Core Viewpoint - Hyperscale Data, Inc. has successfully paid 39 consecutive monthly cash dividends on its 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock, demonstrating its commitment to long-term dividend payments [1][2]. Company Overview - Hyperscale Data operates through its subsidiary Sentinum, Inc., which manages a data center for digital asset mining and offers colocation and hosting services for AI ecosystems and other industries [3]. - The company also has another subsidiary, Ault Capital Group, Inc. (ACG), focused on acquiring undervalued businesses and disruptive technologies [3]. Divestiture Plans - The company anticipates the divestiture of ACG to occur in the second quarter of 2026, after which it will focus on operating data centers and holding digital assets [4]. - Until the divestiture, Hyperscale Data will continue to provide mission-critical products across various industries, including AI, gaming, defense, and medical sectors [4]. Preferred Stock Issuance - On December 23, 2024, the company issued 1,000,000 shares of Series F Exchangeable Preferred Stock to common stockholders and holders of Series C Preferred Stock, which will be exchanged for shares of ACG upon the divestiture [5].
Hyperscale Data Announces 39 Consecutive Months of Cash Dividend Payments Timely Paid for Series D Cumulative Redeemable Perpetual Preferred Stock